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
4.5%
Avg Cash on Cash
-9.4%
Median Cashflow
-$525/mo
Avg Rent Estimate
$2,332/mo
Avg Price
$431,905
Price Range
$192,100 - $930,000
Rent to Price
0.54%
low ratio
Positive Cashflow
10%
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 4.5%, 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 -$525 with average rents of $2,332/month. Properties range from $192,100 to $930,000, offering entry points across multiple investment budgets.
1017 Planters Pl., Myrtle Beach, SC 29579
Price
$776,300
Rent
$3,687
CachFlow
-$1,750
CoC
-12.88
9421 Venezia Circle, Myrtle Beach, SC 29579
Price
$1,331,700
Rent
$3,608
CachFlow
-$4,965
CoC
-21.3
392 Indigo Bay Circle, Myrtle Beach, SC 29579
Price
$626,300
Rent
$2,376
CachFlow
-$1,928
CoC
-17.59
Myrtle Beach, SC Rental Market Insights
- •Median cashflow is -$525/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 10% positive cashflow rate, Myrtle Beach, SC requires selective property picks
- •Premium market with properties from $192,100 to $930,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs