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 20+ datapoints.
Myrtle Beach, SC Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4%
Avg Cash on Cash
-9.5%
Median Cashflow
-$685/mo
Avg Rent Estimate
$2,225/mo
Avg Price
$464,662
Price Range
$226,400 - $956,500
Rent to Price
0.48%
low ratio
Positive Cashflow
11%
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 20+ analyzed properties, the median monthly cashflow in Myrtle Beach, SC is -$685 with average rents of $2,225/month. Properties range from $226,400 to $956,500, offering entry points across multiple investment budgets.
8292 Sandlapper Way, Myrtle Beach, SC 29572
Price
$796,700
Rent
$2,445
CachFlow
-$3,407
CoC
-24.44
2009 Lone Cypress Dr, Myrtle Beach, SC 29579
Price
$385,900
Rent
$2,344
CachFlow
-$514
CoC
-7.61
8280 Sandlapper Way Lot 13, Myrtle Beach, SC 29572
Price
$743,600
Rent
$2,552
CachFlow
-$2,582
CoC
-19.84
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 11% 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