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
4.9%
Avg Cash on Cash
-7.1%
Median Cashflow
-$386/mo
Avg Rent Estimate
$2,273/mo
Avg Price
$411,370
Price Range
$192,100 - $796,700
Rent to Price
0.55%
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 4.9%, typical of mid-to-upper tier 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 -$386 with average rents of $2,273/month. Properties range from $192,100 to $796,700, offering entry points across multiple investment budgets.
6638 E Sweetbriar Trail, Myrtle Beach, SC 29588
Price
$286,900
Rent
$2,123
CachFlow
-$100
CoC
-1.99
Myrtle Beach, SC Rental Market Insights
- •Median cashflow is -$386/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 15% positive cashflow rate, Myrtle Beach, SC requires selective property picks
- •Mid-to-upper tier market with properties from $192,100 to $796,700
- •Consider this market if your strategy favors equity growth with rental income covering holding costs