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
-11.3%
Median Cashflow
-$679/mo
Avg Rent Estimate
$2,278/mo
Avg Price
$435,466
Price Range
$187,400 - $950,000
Rent to Price
0.52%
low ratio
Positive Cashflow
4%
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 -$679 with average rents of $2,278/month. Properties range from $187,400 to $950,000, offering entry points across multiple investment budgets.
544 Wildflower Trail, Myrtle Beach, SC 29579
Price
$349,900
Rent
$2,265
CachFlow
-$514
CoC
-8.39
937 Shipmaster Ave., Myrtle Beach, SC 29579
Price
$742,100
Rent
$2,990
CachFlow
-$2,418
CoC
-18.62
170 Duck Blind Trail, Myrtle Beach, SC 29588
Price
$527,000
Rent
$2,399
CachFlow
-$1,494
CoC
-16.2
2954 Midiron Ct. #Palmetto Greens, Myrtle Beach, SC 29577
Price
$470,600
Rent
$2,214
CachFlow
-$1,319
CoC
-16.02
205 Duck Blind Trail, Myrtle Beach, SC 29588
Price
$566,300
Rent
$2,739
CachFlow
-$1,430
CoC
-14.43
Myrtle Beach, SC Rental Market Insights
- •Median cashflow is -$679/month — careful deal selection is essential here
- •4.4% median cap rate is typical of appreciation-focused markets
- •At 4% 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