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Investor market data · South Carolina

North Myrtle Beach, SC Rental Market for Investors

An estimated 37% of North Myrtle Beach's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of October 2026.

$424,900Median list price855 active listings
$43,947Median STR revenue / yrprojected, gross

Homes in North Myrtle Beach that pencil right now

A sample of active North Myrtle Beach listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of October 2026.

As of October 2026, we analyzed 855 active for-sale homes in North Myrtle Beach, South Carolina. The typical listing is priced at $424,900 and is projected to generate about $43,947 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 36.5% of those homes could still cover an investor mortgage payment on short-term-rental income — below the 53.1% median across the 200 major metros we track, ranking North Myrtle Beach #154 of 200 for cash-flow potential.

On market momentum: homes in North Myrtle Beach sit a median of 90 days on the market, and 20% of active listings came on in just the last 30 days — a slower-moving market, which shapes how much room there is to negotiate.

For a DSCR loan — which qualifies on the property's rental income rather than your personal income — North Myrtle Beach runs tighter once operating costs are accounted for: many listings need a below-median price, a stronger short-term-rental setup, or more money down before the income covers the payment. It's a market where running the numbers property-by-property matters.

What actually works in North Myrtle Beach

Cash-flow is the exception rather than the rule in North Myrtle Beach right now: 95 of the 726 North Myrtle Beach homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $615,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price1 bed2 bed3 bed4 bed5 bed
$150k–$250k52%1.2811%0.93———
$250k–$350k0%0.946%0.8626%0.94——
$350k–$500k—2%0.894%0.8574%1.42—
$500k+—0%0.701%0.746%0.9627%1.06

Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.

North Myrtle Beach in full

Active for-sale homes analyzed855
Median list price$424,900
Median projected STR revenue (annual, gross)$43,947
Median average daily rate (ADR)$239
Median occupancy47%
Median beds3
Median size1,315 sqft
Estimated cash-flow-positive share36.5%
Median days on market90 days
New listings (last 30 days)20.0% of active

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Run your numbers · North Myrtle Beach

Would a North Myrtle Beach rental qualify for a DSCR loan?

Pre-filled with North Myrtle Beach's median price and projected short-term-rental income — change any field to match a specific property.

Rent source
Advanced
Property tax
%
Scout DSCR Live
1.09
Good · qualifying range
Qualifying rent$2,930
Monthly ITIA$2,691
Loan amount$339,920
30-year DSCR1.02
30-year PITIA$2,879
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On a 5-minute call with you, we can use Scout to run real numbers on real properties.

Estimates for educational purposes. Final terms subject to credit, property & program approval.

Chad BakerJulian HebronKarina SaldarriagaMark LindenBrittani Cooper5 senior bankers · 47 states
North Myrtle Beach data, human context

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Prefer to talk now? Call or text Chad: 858-353-8331.