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
4.2%
Avg Cash on Cash
-8%
Median Cashflow
-$806/mo
Avg Rent Estimate
$3,136/mo
Avg Price
$453,478
Price Range
$109,000 - $956,500
Rent to Price
0.69%
low ratio
Positive Cashflow
15%
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 4.2%, the premium 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 -$806 with an average estimated nightly-rate-adjusted revenue of $3,136/month. These figures reflect real property data, not projections.
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
4889 Westwind Dr., Myrtle Beach, SC 29579
Price
$571,300
Rent
$2,226
CachFlow
-$2,183
CoC
-18.99
2009 Lone Cypress Dr, Myrtle Beach, SC 29579
Price
$385,900
Rent
$3,396
CachFlow
-$483
CoC
-5.85
8280 Sandlapper Way Lot 13, Myrtle Beach, SC 29572
Price
$743,600
Rent
$4,896
CachFlow
-$1,924
CoC
-13.26
Myrtle Beach, SC Airbnb Market Insights
- •Median cashflow is -$806/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 15% positive cashflow rate, Myrtle Beach, SC requires selective property picks
- •Premium market with properties from $109,000 to $956,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs