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
4.2%
Avg Cash on Cash
-8.9%
Median Cashflow
-$550/mo
Avg Rent Estimate
$2,230/mo
Avg Price
$455,295
Price Range
$226,400 - $956,500
Rent to Price
0.49%
low ratio
Positive Cashflow
12%
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 4.2%, 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 -$550 with average rents of $2,230/month. Properties range from $226,400 to $956,500, offering entry points across multiple investment budgets.
160 Empyrean Circle, Myrtle Beach, SC 29588
Price
$409,900
Rent
$2,191
CachFlow
-$757
CoC
-10.55
2618 Ringneck Trail, Myrtle Beach, SC 29588
Price
$382,400
Rent
$2,519
CachFlow
-$290
CoC
-4.33
311 N 64th Ave. N, Myrtle Beach, SC 29572
Price
$788,100
Rent
$2,276
CachFlow
-$2,648
CoC
-19.2
Myrtle Beach, SC Rental Market Insights
- •Median cashflow is -$550/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 12% 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