Myrtle Beach, SC Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Myrtle Beach, SC. Based on 15+ datapoints.
Myrtle Beach, SC Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-5.5%
Median Cashflow
-$640/mo
Avg Rent Estimate
$3,269/mo
Avg Price
$436,081
Price Range
$226,400 - $956,500
Rent to Price
0.75%
okay ratio
Positive Cashflow
25%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Myrtle Beach, SC
Myrtle Beach, SC is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.6%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 15+ analyzed properties, Myrtle Beach, SC STR investments show a median monthly cashflow of -$640 with an average estimated nightly-rate-adjusted revenue of $3,269/month. These figures reflect real property data, not projections.
568 Cottage Oaks Circle, Myrtle Beach, SC 29579
Price
$273,100
Rent
$2,250
CachFlow
-$393
CoC
-6.26
6702 Ocean Breeze Loop, Myrtle Beach, SC 29572
Price
$710,000
Rent
$3,936
CachFlow
-$2,074
CoC
-14.38
Myrtle Beach, SC Airbnb Market Insights
- •Median cashflow is -$640/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 25% 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