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 15+ datapoints.
Myrtle Beach, SC Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4%
Avg Cash on Cash
-8.9%
Median Cashflow
-$685/mo
Avg Rent Estimate
$2,197/mo
Avg Price
$448,633
Price Range
$226,400 - $956,500
Rent to Price
0.49%
low ratio
Positive Cashflow
18%
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%, 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 15+ analyzed properties, the median monthly cashflow in Myrtle Beach, SC is -$685 with average rents of $2,197/month. Properties range from $226,400 to $956,500, offering entry points across multiple investment budgets.
2060 Timmerman Rd., Myrtle Beach, SC 29588
Price
$713,900
Rent
$2,354
CachFlow
-$2,408
CoC
-19.27
568 Cottage Oaks Circle, Myrtle Beach, SC 29579
Price
$273,100
Rent
$1,890
CachFlow
-$163
CoC
-3.41
6702 Ocean Breeze Loop, Myrtle Beach, SC 29572
Price
$710,000
Rent
$2,870
CachFlow
-$1,999
CoC
-16.09
Myrtle Beach, SC Rental Market Insights
- •Median cashflow is -$685/month — careful deal selection is essential here
- •4% median cap rate is typical of appreciation-focused markets
- •At 18% 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