167 Crooked Island Cir · Murrells Inlet, SC 29576

$99,900

2 bd · 2.0 ba · 924 sqft · Manufactured · 1 Days on market

Built 1984 Est $67k · 48% over

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Why this score? — see what drove the C+ 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
• 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
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

* * * * Seller is motivated. All offers will be considered * * * * Welcome to 167 Crooked Island Circle, a beautifully updated 2-bedroom, 2-bath home located in the highly sought-after 55+ community of Oceanside Landing in the heart of Murrells Inlet. Perfectly positioned on one of the community's more desirable homesites, this property offers added privacy, a spacious backyard, and a peaceful setting that's hard to find. Extensively renovated and completely move-in ready, this home features a newer metal roof (2023), updated siding (2024), energy-efficient windows (2024), waterproof luxury vinyl plank flooring throughout, redone subflooring, new baseboards, and a stunning kitchen com

Key facts

• Updated siding
• Custom oak cabinetry
• Pickleball courts

Tags

• UPDATED METAL ROOF
• UPDATED SIDING
• ENERGY EFFICIENT WINDOWS
• CUSTOM OAK CABINETRY
• STAINLESS STEEL APPLIANCES
• PICKLEBALL COURTS

Property features AI

Finance

• Other: Lot size estimated
• Financial info: Has land lease: $900 monthly; Property offered for sale; Pets allowed (owner only)
• HOA & community: Monthly association fee; Clubhouse; Owner allowed golf cart; Pet restrictions; Community recreation area; Senior community

Exterior

• Parking: Driveway; 2 total parking spaces
• Security: Smoke detector(s)
• Utilities: Public water; Sewer available; Electricity available; Cable available; Phone available
• Home design: Single wide mobile home; Resale property; Crawlspace foundation; Rectangular lot; Zoned residential
• Construction: Crawlspace foundation; Doors and windows with energy-efficient features
• Exterior features: Deck; Storage; Smoke detector(s); Community outdoor pool

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Kitchen island; Stainless steel appliances
• Bedrooms: Bedroom on main level
• Flooring: Tile; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fan(s); Handicap access; Separate shower; Window treatments; Kitchen island; Stainless steel appliances; Insulated doors; Storm door(s)
• Laundry & utility: Washer hookup; Utility room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $100k.

Deal economics

• At list price, monthly cash flow is $717 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Cap rate 14.9% 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; 2 comparable units currently listed for rent nearby; 323 units permitted in Georgetown County in 2024 (0 in 5+ unit buildings).
• This rent runs 30% 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 $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.7% rent growth), your $28k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $55k; list at $100k implies a 82% 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 $99,900

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: 1.78% ✓
• Cap rate: 14.91%
• Cash-on-cash: 30.76%
• DSCR: 2.37
• GRM: 4.7

CMA / ARV

• ARV (on-the-fly): $67,452
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
54 Crooked Island Cir	0.26mi	3/2.0 (+1)	920 (-0%)	1mo	$65,000	$71	82
1021 S Marlin St	0.43mi	2/2.0	920 (-0%)	4mo	$218,000	$237	76
53 Crooked Island Cir	0.26mi	3/2.0 (+1)	1,000 (+8%)	0mo	$67,000	$67	69
11 Dover St	0.23mi	3/1.0 (+1)	980 (+6%)	2mo	$28,000	$29	68
15 Burr Cir	0.37mi	2/2.0	924 (0%)	21mo	$67,000	$73	65
147 Ridgeway Loop	0.38mi	2/2.0	872 (-6%)	11mo	$72,000	$83	64
176 Burr Cir	0.39mi	2/2.0	980 (+6%)	14mo	$72,000	$73	60
173 Braddock Ct	0.45mi	2/2.0	955 (+3%)	19mo	$55,000	$58	58
34 Burr Cir	0.37mi	2/2.0	980 (+6%)	23mo	$85,000	$87	54
166 Dubose Loop	0.39mi	2/2.0	980 (+6%)	22mo	$90,000	$92	54
119 Burr Cir	0.43mi	2/2.0	1,040 (+13%)	23mo	$70,000	$67	40
1064 Avalon Ct	0.69mi	3/2.0 (+1)	1,056 (+14%)	21mo	$160,000	$152	22

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: 27.4%
• Equity multiple: 2.16×
• Total profit: $32,537
• Equity at exit: $14,895

10-year hold

• IRR: 35.9%
• Equity multiple: 4.58×
• Total profit: $100,093
• Equity at exit: $8,638

Cash invested: $27,972 (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: 4.7×

Monthly cashflow live

• Estimated rent: $1,782 medium
• Mortgage (P&I): −$524
• Tax est. 1.5%: −$125 /mo · $1,498/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $717

Break-even live

Break-even rent $874

Max offer price $99,900

Occupancy floor 55%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 2 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	0.36mi
13 Muddy Bay Dr Murrells Inlet, SC	2.0–3.0	2.0	1095	$1,801	$1.64	14d	13	0.90mi

Listing history 2 events

1. 2026-06-17
   remarks 699-char remark
2. 2026-06-17
   listed $99,900 Active 1 DOM

ⓘ 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: $21,380
• − Mortgage interest: −$5,596
• − Property taxes: −$1,498
• − Insurance: −$500
• − Repairs & maintenance: −$1,710
• − Management: −$1,710
• − Depreciation: −$2,906
• Taxable income: $7,459
• Est. tax owed @ 24.0%: −$1,790
• After-tax cash flow: $6,815/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

+458.1% since first listed

35 events — show timeline

• 2026-06-17 Listed $99,900 CCAR
• 2026-04-04 Listing Removed — CCAR
• 2026-02-27 Price Changed $99,999 CCAR
• 2025-10-17 Price Changed $103,900 CCAR
• 2025-08-08 Price Changed $113,900 CCAR
• 2025-07-07 Price Changed $114,900 CCAR
• 2025-06-05 Listed $119,900 CCAR
• 2025-04-13 Listing Removed — CCAR
• 2025-03-15 Price Changed $135,499 CCAR
• 2025-02-13 Price Changed $135,500 CCAR
• 2025-01-01 Price Changed $136,500 CCAR
• 2024-12-06 Price Changed $137,500 CCAR
• 2024-11-13 Price Changed $138,500 CCAR
• 2024-10-14 Relisted — CCAR
• 2024-10-14 Price Changed $139,500 CCAR
• 2024-09-02 Listing Removed — CCAR
• 2024-08-15 Price Changed $106,500 CCAR
• 2024-06-25 Price Changed $107,500 CCAR
• 2024-06-10 Relisted — CCAR
• 2024-06-10 Price Changed $117,000 CCAR
• 2024-05-31 Contingent — CCAR
• 2024-05-20 Price Changed $118,000 CCAR
• 2024-04-30 Listed $119,000 CCAR
• 2023-10-13 Sold (MLS) $55,000 CCAR
• 2023-09-17 Contingent — CCAR
• 2023-08-15 Relisted — CCAR
• 2023-08-15 Price Changed $64,900 CCAR
• 2023-08-04 Contingent — CCAR
• 2023-07-31 Listed $74,900 CCAR
• 2016-05-16 Sold (MLS) $29,900 CCAR
• 2015-10-08 Listed $29,900 CCAR
• 2013-08-14 Sold (MLS) $20,500 CCAR
• 2013-04-22 Listed $20,999 CCAR
• 2012-08-30 Sold (MLS) $17,900 CCAR
• 2012-07-11 Listed $17,900 CCAR