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
4.4%
Avg Cash on Cash
-6.9%
Median Cashflow
-$652/mo
Avg Rent Estimate
$3,270/mo
Avg Price
$449,729
Price Range
$226,400 - $956,500
Rent to Price
0.73%
low ratio
Positive Cashflow
17%
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 4.4%, 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 -$652 with an average estimated nightly-rate-adjusted revenue of $3,270/month. These figures reflect real property data, not projections.
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
1468 Castleberry Pl., Myrtle Beach, SC 29588
Price
$650,600
Rent
$2,273
CachFlow
-$2,437
CoC
-18.91
Myrtle Beach, SC Airbnb Market Insights
- •Median cashflow is -$652/month — careful deal selection is essential here
- •4.4% median cap rate is typical of appreciation-focused markets
- •At 17% 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