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
3%
Avg Cash on Cash
-11.3%
Median Cashflow
-$806/mo
Avg Rent Estimate
$2,655/mo
Avg Price
$419,326
Price Range
$109,000 - $770,100
Rent to Price
0.63%
low ratio
Positive Cashflow
11%
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 15+ analyzed properties, Myrtle Beach, SC STR investments show a median monthly cashflow of -$806 with an average estimated nightly-rate-adjusted revenue of $2,655/month. These figures reflect real property data, not projections.
6638 E Sweetbriar Trail, Myrtle Beach, SC 29588
Price
$286,900
Rent
$2,630
CachFlow
-$304
CoC
-4.66
2933 Pegasus Place, Myrtle Beach, SC 29577
Price
$399,900
Rent
$2,163
CachFlow
-$1,242
CoC
-14.61
Myrtle Beach, SC Airbnb Market Insights
- •Median cashflow is -$806/month — careful deal selection is essential here
- •3% median cap rate is typical of appreciation-focused markets
- •At 11% 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