Myrtle Beach, SC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Myrtle Beach, SC. Based on 40+ datapoints.
Myrtle Beach, SC Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-8.3%
Median Cashflow
-$426/mo
Avg Rent Estimate
$2,192/mo
Avg Price
$435,983
Price Range
$226,400 - $956,500
Rent to Price
0.5%
low ratio
Positive Cashflow
15%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Myrtle Beach, SC
Myrtle Beach, SC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.6%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 40+ analyzed properties, the median monthly cashflow in Myrtle Beach, SC is -$426 with average rents of $2,192/month. Properties range from $226,400 to $956,500, offering entry points across multiple investment budgets.
549 Pennington Loop, Myrtle Beach, SC 29588
Price
$317,800
Rent
$2,050
CachFlow
-$354
CoC
-6.37
2620 Painted Trillium Ct., Myrtle Beach, SC 29579
Price
$770,100
Rent
$3,118
CachFlow
-$2,087
CoC
-15.49
4043 Grousewood Dr., Myrtle Beach, SC 29588
Price
$356,900
Rent
$2,279
CachFlow
-$344
CoC
-5.51
Myrtle Beach, SC Rental Market Insights
- •Median cashflow is -$426/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 15% positive cashflow rate, Myrtle Beach, SC requires selective property picks
- •Premium market with properties from $226,400 to $956,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs