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Investor market data · South Carolina

North Myrtle Beach, SC Rental Market for Investors

An estimated 42% 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 August 2026.

$419,700Median list price876 active listings
$43,962Median 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 August 2026.

As of August 2026, we analyzed 876 active for-sale homes in North Myrtle Beach, South Carolina. The typical listing is priced at $419,700 and is projected to generate about $43,962 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 41.5% of those homes could still cover an investor mortgage payment on short-term-rental income — below the 52.5% median across the 200 major metros we track, ranking North Myrtle Beach #135 of 200 for cash-flow potential.

On market momentum: homes in North Myrtle Beach sit a median of 98 days on the market, and 18% 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

North Myrtle Beach works for investors, but the window is specific: 117 of the 737 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 $558,000.

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–$250k62%1.3013%0.98
$250k–$350k0%0.978%0.8827%0.95
$350k–$500k6%0.8911%0.9383%1.42
$500k+0%0.750%0.759%0.9917%1.02

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 analyzed876
Median list price$419,700
Median projected STR revenue (annual, gross)$43,962
Median average daily rate (ADR)$236
Median occupancy49%
Median beds3
Median size1,321 sqft
Estimated cash-flow-positive share41.5%
Median days on market98 days
New listings (last 30 days)17.8% 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
1.16
Good · qualifying range
Qualifying rent$2,931
Monthly ITIA$2,518
Loan amount$335,760
30-year DSCR1.08
30-year PITIA$2,702
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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.