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 50+ datapoints.
Myrtle Beach, SC Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.4%
Avg Cash on Cash
-10.3%
Median Cashflow
-$556/mo
Avg Rent Estimate
$2,348/mo
Avg Price
$444,024
Price Range
$187,400 - $950,000
Rent to Price
0.53%
low ratio
Positive Cashflow
9%
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 4.4%, 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 50+ analyzed properties, the median monthly cashflow in Myrtle Beach, SC is -$556 with average rents of $2,348/month. Properties range from $187,400 to $950,000, offering entry points across multiple investment budgets.
6001 S Kings Hwy, Myrtle Beach, SC 29575
Price
$595,000
Rent
$2,404
CachFlow
-$1,465
CoC
-14.07
625 Old Castle Loop, Myrtle Beach, SC 29579
Price
$364,200
Rent
$2,152
CachFlow
-$940
CoC
-14.75
5986 Bolsena Place, Myrtle Beach, SC 29577
Price
$950,000
Rent
$4,324
CachFlow
-$2,716
CoC
-16.34
Myrtle Beach, SC Rental Market Insights
- •Median cashflow is -$556/month — careful deal selection is essential here
- •4.4% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Myrtle Beach, SC requires selective property picks
- •Premium market with properties from $187,400 to $950,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs