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 20+ datapoints.
Myrtle Beach, SC Short-Term Rental / Airbnb Investment Snapshot
Based on 20+ short-term rental / airbnb datapoints
Median Cap Rate
3%
Avg Cash on Cash
-10.9%
Median Cashflow
-$1,067/mo
Avg Rent Estimate
$2,851/mo
Avg Price
$442,115
Price Range
$109,000 - $770,100
Rent to Price
0.64%
low ratio
Positive Cashflow
5%
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 3%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 20+ analyzed properties, Myrtle Beach, SC STR investments show a median monthly cashflow of -$1,067 with an average estimated nightly-rate-adjusted revenue of $2,851/month. These figures reflect real property data, not projections.
477 Blackberry Ln., Myrtle Beach, SC 29579
Price
$365,000
Rent
$1,813
CachFlow
-$1,328
CoC
-16.84
5015 Vinesia Dr., Myrtle Beach, SC 29579
Price
$475,000
Rent
$2,533
CachFlow
-$1,435
CoC
-14.62
160 Empyrean Circle, Myrtle Beach, SC 29588
Price
$409,900
Rent
$3,065
CachFlow
-$785
CoC
-9.05
1105 S Ocean Blvd. #530, Myrtle Beach, SC 29577
Price
$109,000
Rent
$2,539
CachFlow
-$806
CoC
-33.48
2620 Painted Trillium Ct., Myrtle Beach, SC 29579
Price
$770,100
Rent
$1,567
CachFlow
-$3,580
CoC
-23.9
Myrtle Beach, SC Airbnb Market Insights
- •Median cashflow is -$1,067/month — careful deal selection is essential here
- •3% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Myrtle Beach, SC requires selective property picks
- •Mid-to-upper tier market with properties from $109,000 to $770,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs