17 Crooked Island Cir · Murrells Inlet, SC 29576

$74,900

3 bd · 2.0 ba · 1,344 sqft · Manufactured · 21 Days on market

Built 1984 Est $87k · 14% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +13.9/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 BR 2 BA manufactured home in Captain's Cove, a quiet community for folks 55 & older located in Murrells Inlet, SC, approximately 15 minutes South of Myrtle Beach. Community has a clubhouse & pool, and lots of activities for residents who wish to participate. Near Murrells Inlet's famous sound front restaurants and boardwalk, close to Huntington Beach (Oceanfront) State Park & beautiful Brookgreen Gardens. Also near lots of golf courses & many other types of entertainment. Only minutes from a modern hospital & doctors' offices. This is a sound home in a great community. It has a nice floor plan, with bedrooms and baths at each end of home allowing for privacy when you have guests. Has walk in closets in all three bedrooms, a walk in shower in master bedroom, a separate laundry rm, a formal din rm, and a large living rm with a fireplace. It also has a screen porch with an attached storage rm, plus a large separate o/s storage bldg. Home is being sold with kitchen appliances, washer & dryer, and most furniture, some chairs will not stay.

Key facts

• Open floor plan
• Clubhouse
• Ample cabinetry

Tags

• DOUBLE-WIDE MOBILE HOME
• OPEN FLOOR PLAN
• COZY FIREPLACE
• AMPLE CABINETRY
• EN-SUITE BATHROOM
• CLUBHOUSE

Property features AI

Finance

• Other: Community outdoor pool
• Financial info: Has land lease: $830 monthly
• HOA & community: Monthly association fee; Clubhouse; Tennis courts; Community recreation area; Community pool; Long-term rentals allowed

Exterior

• Parking: Driveway; 4 parking spaces (total)
• Utilities: Electricity available; Public water; Sewer available; Underground utilities
• Home design: Double wide mobile home; Resale property
• Construction: Vinyl siding; Crawlspace foundation
• Exterior features: Deck; Porch; Rear porch; Screened porch

Interior

• Kitchen: Dishwasher; Disposal; Range; Refrigerator; Breakfast bar
• Bedrooms: Bedroom on main level
• Flooring: Carpet; Laminate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air
• Interior features: Ceiling fan(s); Fireplace; Split bedrooms; Vanity; Bedroom on main level; Separate shower; Breakfast bar
• Laundry & utility: Washer hookup; Dryer; Washer; Utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $75k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $74k (1.5% below list) — sets the bar for market timing.
• Cap rate 22.8% vs local median 2.2% in Murrells Inlet — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#25 in SC, #3,720 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Georgetown 01 (town): math 26% / reading 38% proficiency, ranked #51 of 80 in SC (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.7%/yr); 287 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 323 units permitted in Georgetown County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($71k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.7% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 21y ago; this cycle's ask has dropped $23k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $47k; list at $75k implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $73,776 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.62% ✓
• Cap rate: 22.82%
• Cash-on-cash: 59.01%
• DSCR: 3.63
• GRM: 3.2

CMA / ARV

• ARV (on-the-fly): $87,360
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
100 Crooked Island Cir	0.16mi	3/2.0	1,344 (0%)	1mo	$40,000	$30	92
163 Crooked Island Cir	0.14mi	3/2.0	1,344 (0%)	3mo	$75,000	$56	91
8 Buccaneer St	0.08mi	3/2.0	1,400 (+4%)	1mo	$59,000	$42	88
59 Crooked Island Cir	0.14mi	3/2.0	1,300 (-3%)	6mo	$85,000	$65	83
22 Crooked Island Cir	0.15mi	3/2.0	1,431 (+6%)	0mo	$65,000	$45	82
106 Inlet Oaks Village Ct	0.37mi	3/2.0	1,357 (+1%)	8mo	$95,000	$70	74
74 Boone Loop	0.59mi	3/2.0	1,350 (+0%)	1mo	$130,000	$96	71
835 South Marlin Cir	0.43mi	3/2.0	1,238 (-8%)	6mo	$155,000	$125	62
983 Live Oak South Marlin Cir	0.36mi	3/2.0	1,500 (+12%)	8mo	$278,000	$185	57
43 Ravenel Ct	0.49mi	2/2.0 (-1)	1,260 (-6%)	6mo	$54,900	$44	57
103 Village Ct	0.39mi	3/2.0	1,194 (-11%)	9mo	$92,000	$77	56
121 Burr Cir	0.49mi	2/1.5 (-1)	1,250 (-7%)	9mo	$15,000	$12	51

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.66% rent growth · sell at horizon

5-year hold

• IRR: 59.5%
• Equity multiple: 3.71×
• Total profit: $56,903
• Equity at exit: $11,168

10-year hold

• IRR: 64.8%
• Equity multiple: 8.07×
• Total profit: $148,375
• Equity at exit: $6,476

Cash invested: $20,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State South Carolina: 90 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

5-day notice; preempted; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 29576

• Home prices YoY: -18.8%
• Rents YoY: 4.7%
• Active inventory: 287
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,961 high
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,124/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$412
• Net cashflow: $1,031

Break-even live

Break-even rent $655

Max offer price $74,900

Occupancy floor 42%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4996 Highway 17 Business Murrells Inlet, SC	2.0	2.0	925	$1,500	$1.62	14d	1	0.42mi
13 Muddy Bay Dr Murrells Inlet, SC	2.0–3.0	2.0	1095	$2,116	$1.93	14d	13	0.81mi
50 Turning Stone Boulelvard Murrells Inlet, SC	3.0	2.0	1350	$1,750	$1.30	23d	1	0.90mi
66 Turning Stone Boulelvard Unit 1 Murrells Inlet, SC	3.0	2.0	1350	$1,595	$1.18	23d	1	0.91mi
66 Turning Stone Blvd Murrells Inlet, SC	3.0	2.0	1450	$1,700	$1.17	23d	1	0.93mi
4323 Lotus Ct Unit F Murrells Inlet, SC	3.0	2.0	1319	$1,750	$1.33	23d	1	1.34mi

Listing history 29 events

1. 2026-06-18
   days on market $74,900 Active 21 DOM
2. 2026-06-17
   days on market $74,900 Active 20 DOM
3. 2026-06-16
   days on market $74,900 Active 19 DOM
4. 2026-06-15
   days on market $74,900 Active 18 DOM
5. 2026-06-14
   days on market $74,900 Active 16 DOM
6. 2026-06-10
   days on market $74,900 Active 13 DOM
7. 2026-06-09
   days on market $74,900 Active 12 DOM
8. 2026-06-08
   days on market $74,900 Active 11 DOM
9. 2026-06-07
   days on market $74,900 Active 10 DOM
10. 2026-06-03
    days on market $74,900 Active 6 DOM
11. 2026-06-02
    days on market $74,900 Active 5 DOM
12. 2026-06-01
    days on market $74,900 Active 4 DOM
13. 2026-05-31
    days on market $74,900 Active 3 DOM
14. 2026-05-30
    days on market $74,900 Active 2 DOM
15. 2026-04-13
    price $74,900
16. 2026-01-29
    price $78,900
17. 2025-12-04
    price $79,900
18. 2025-10-27
    price $82,000
19. 2025-07-28
    price $95,000
20. 2025-06-02
    listed $97,499 Active
21. 2018-11-01
    soldstatus $47,000 Sold 1088-char remark

    Show marketing remark (1088 chars)

    3 BR 2 BA manufactured home in Captain's Cove, a quiet community for folks 55 & older located in Murrells Inlet, SC, approximately 15 minutes South of Myrtle Beach. Community has a clubhouse & pool, and lots of activities for residents who wish to participate. Near Murrells Inlet's famous sound front restaurants and boardwalk, close to Huntington Beach (Oceanfront) State Park & beautiful Brookgreen Gardens. Also near lots of golf courses & many other types of entertainment. Only minutes from a modern hospital & doctors' offices. This is a sound home in a great community. It has a nice floor plan, with bedrooms and baths at each end of home allowing for privacy when you have guests. Has walk in closets in all three bedrooms, a walk in shower in master bedroom, a separate laundry rm, a formal din rm, and a large living rm with a fireplace. It also has a screen porch with an attached storage rm, plus a large separate o/s storage bldg. Home is being sold with kitchen appliances, washer & dryer, and most furniture, some chairs will not stay.

22. 2018-10-08
    status Pending 1088-char remark

    Show marketing remark (1088 chars)

    3 BR 2 BA manufactured home in Captain's Cove, a quiet community for folks 55 & older located in Murrells Inlet, SC, approximately 15 minutes South of Myrtle Beach. Community has a clubhouse & pool, and lots of activities for residents who wish to participate. Near Murrells Inlet's famous sound front restaurants and boardwalk, close to Huntington Beach (Oceanfront) State Park & beautiful Brookgreen Gardens. Also near lots of golf courses & many other types of entertainment. Only minutes from a modern hospital & doctors' offices. This is a sound home in a great community. It has a nice floor plan, with bedrooms and baths at each end of home allowing for privacy when you have guests. Has walk in closets in all three bedrooms, a walk in shower in master bedroom, a separate laundry rm, a formal din rm, and a large living rm with a fireplace. It also has a screen porch with an attached storage rm, plus a large separate o/s storage bldg. Home is being sold with kitchen appliances, washer & dryer, and most furniture, some chairs will not stay.

23. 2018-09-17
    listed $55,900 Active 1088-char remark

    Show marketing remark (1088 chars)

    3 BR 2 BA manufactured home in Captain's Cove, a quiet community for folks 55 & older located in Murrells Inlet, SC, approximately 15 minutes South of Myrtle Beach. Community has a clubhouse & pool, and lots of activities for residents who wish to participate. Near Murrells Inlet's famous sound front restaurants and boardwalk, close to Huntington Beach (Oceanfront) State Park & beautiful Brookgreen Gardens. Also near lots of golf courses & many other types of entertainment. Only minutes from a modern hospital & doctors' offices. This is a sound home in a great community. It has a nice floor plan, with bedrooms and baths at each end of home allowing for privacy when you have guests. Has walk in closets in all three bedrooms, a walk in shower in master bedroom, a separate laundry rm, a formal din rm, and a large living rm with a fireplace. It also has a screen porch with an attached storage rm, plus a large separate o/s storage bldg. Home is being sold with kitchen appliances, washer & dryer, and most furniture, some chairs will not stay.

24. 2012-09-17
    historical
25. 2012-03-17
    listed $59,900
26. 2007-04-17
    soldstatus $35,000
27. 2007-04-10
    listed $38,500
28. 2005-08-31
    soldstatus $26,000
29. 2005-08-12
    listed $35,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,527
• − Mortgage interest: −$4,196
• − Property taxes: −$1,124
• − Insurance: −$374
• − Repairs & maintenance: −$1,882
• − Management: −$1,882
• − Depreciation: −$2,179
• Taxable income: $11,890
• Est. tax owed @ 24.0%: −$2,854
• After-tax cash flow: $9,521/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Georgetown 01
• NCES district ID: 4502280
• Math proficiency: 26% ▼ -11.00%
• Reading proficiency: 38% ▼ -5.00%
• Median HH income: $43,045
• Composite: 27.15/100
• National rank: #7030
• State rank: #51 of 80 in SC

Livability — Murrells Inlet

• Score: 76/100
• State rank: #25
• US rank: #3720

Category grades

Amenities F Commute F Cost of living B- Crime A+ Employment B Housing A+ Health & safety A+ User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Murrells Inlet, SC
• County: Horry County · 356,152 people
• City population: 34,695
• Metro: Myrtle Beach-Conway-North Myrtle Beach, SC-NC
• Population (ZIP): 34,695
• Household income: $70,691
• Rent vs Own: 10.7% rent · 89.3% own
• Severe rent burden: 309.0

Population outlook (Georgetown County) Hauer SSP2

• Today (2025): 63,275 people
• By 2030: 63,630 · +0.6%
• By 2040: 63,130 · -0.2%
• By 2050: 61,904 · -2.2%
• By 2075: 59,305 · -6.3%
• By 2100: 53,852 · -14.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 4% Black 3% Two or more races 3% Asian 2%
• Common ancestry: Romanian 4% Slovak 3% Serbian 2%
• Foreign-born: 5% · Canada, China, Vietnam
• Languages at home: 96% English-only · Spanish 2% Chinese 1%

Political lean MEDSL · Georgetown

• 2024 margin: R (+19.5) · D 39.6% · R 59.1% · Other 1.2%
• 2008→2024 swing: -14.2pp toward R · 2008: -5.2pp · 2024: -19.5pp
• All cycles: 2024: R+19.5 2020: R+12.7 2016: R+13.0 2012: R+7.6 2008: R+5.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -57.53%
• Current HPI: 248.5102
• Rent YoY: ▲ 4.66%
• Metro: Myrtle Beach-Conway-North Myrtle Beach, SC-NC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

+114.0% since first listed

15 events — show timeline

• 2026-04-13 Price Changed $74,900 CCAR
• 2026-01-29 Price Changed $78,900 CCAR
• 2025-12-04 Price Changed $79,900 CCAR
• 2025-10-27 Price Changed $82,000 CCAR
• 2025-07-28 Price Changed $95,000 CCAR
• 2025-06-02 Listed $97,499 CCAR
• 2018-11-01 Sold (MLS) $47,000 CCAR
• 2018-10-08 Pending — CCAR
• 2018-09-17 Listed $55,900 CCAR
• 2012-09-17 Listing Removed — CCAR
• 2012-03-17 Listed $59,900 CCAR
• 2007-04-17 Sold (MLS) $35,000 CCAR
• 2007-04-10 Listed $38,500 CCAR
• 2005-08-31 Sold (MLS) $26,000 CCAR
• 2005-08-12 Listed $35,000 CCAR