151 Crooked Island Cir · Murrells Inlet, SC 29576

$79,000

2 bd · 1.5 ba · 1,000 sqft · Manufactured · 26 Days on market

Built 1987 Est $67k · 18% 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 MLS

This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

Key facts

• Two spacious decks
• Fenced-in area
• Community amenities

Tags

• NEWLY UPDATED KITCHEN
• BRIGHT SUNROOM
• TWO SPACIOUS DECKS
• FENCED-IN AREA
• COMMUNITY AMENITIES
• RECENTLY RENOVATED CLUBHOUSE

Property features AI

Finance

• Other: Community outdoor pool
• Financial info: Has land lease: $870 monthly; For sale
• HOA & community: Monthly association fee; Clubhouse; Tennis courts; Pet restrictions; Recreation area; Community pool; Senior community

Exterior

• Parking: Carport; 2 parking spaces
• Utilities: Public water; Sewer available; Electricity available
• Home design: Single wide mobile home; Resale property
• Exterior features: Deck; Front porch; Rear porch; Porch

Interior

• Kitchen: Dishwasher; Range; Range hood; Refrigerator; Kitchen island; Stainless steel appliances
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Fireplace; Separate shower; Vanity; Walk-in closet(s); Window treatments; Kitchen island; Stainless steel appliances
• Laundry & utility: Washer hookup; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath manufactured listed at $79k.

Deal economics

• At list price, monthly cash flow is $825 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $79k).
• Recommended offer: $78k (1.5% below list) — sets the bar for market timing.
• Cap rate 18.8% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $546 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 $22k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 12y 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 $45k; list at $79k implies a 76% 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 $77,815 (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: 2.20% ✓
• Cap rate: 18.82%
• Cash-on-cash: 44.74%
• DSCR: 2.99
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $67,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
53 Crooked Island Cir	0.27mi	3/2.0 (+1)	1,000 (0%)	1mo	$67,000	$67	80
11 Dover St	0.22mi	3/1.0 (+1)	980 (-2%)	2mo	$28,000	$29	78
29 Oceanside Landing Crooked Island Cir	0.14mi	3/2.0 (+1)	1,064 (+6%)	4mo	$58,500	$55	72
67 Crooked Island Cir	0.29mi	2/2.0	1,100 (+10%)	0mo	$45,000	$41	68
54 Crooked Island Cir	0.25mi	3/2.0 (+1)	920 (-8%)	1mo	$65,000	$71	68
1021 S Marlin St	0.36mi	2/2.0	920 (-8%)	4mo	$218,000	$237	65
91 Crooked Island Cir	0.21mi	2/2.0	1,120 (+12%)	4mo	$11,500	$10	64
176 Burr Cir	0.46mi	2/2.0	980 (-2%)	14mo	$72,000	$73	62
10 Acorn Ct	0.33mi	2/2.0	1,130 (+13%)	8mo	$75,000	$66	55
173 Braddock Ct	0.51mi	2/2.0	955 (-4%)	19mo	$55,000	$58	51
147 Ridgeway Loop	0.45mi	2/2.0	872 (-13%)	11mo	$72,000	$83	47
949 Derrick Ln	0.53mi	2/2.0	1,145 (+14%)	20mo	$226,000	$197	33

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: 43.7%
• Equity multiple: 2.93×
• Total profit: $42,698
• Equity at exit: $11,779

10-year hold

• IRR: 50.4%
• Equity multiple: 6.31×
• Total profit: $117,429
• Equity at exit: $6,830

Cash invested: $22,120 (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: 3.8×

Monthly cashflow live

• Estimated rent: $1,735 high
• Mortgage (P&I): −$414
• Tax est. 1.5%: −$99 /mo · $1,185/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $825

Break-even live

Break-even rent $691

Max offer price $79,000

Occupancy floor 47%

Sensitivity live

Price	-10% $879	-5% $852	+0% $825	+5% $797	+10% $770
Rent	-10% $688	-5% $756	+0% $825	+5% $893	+10% $962
Rate	-1.0pp $865	-0.5pp $845	base $825	+0.5pp $804	+1.0pp $783

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: $19,750
• Closing costs: $2,370
• 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	0.30mi
13 Muddy Bay Dr Murrells Inlet, SC	2.0–3.0	2.0	1095	$1,801	$1.64	14d	13	0.82mi
50 Turning Stone Boulelvard Murrells Inlet, SC	3.0	2.0	1350	$1,750	$1.30	24d	1	0.92mi
66 Turning Stone Boulelvard Unit 1 Murrells Inlet, SC	3.0	2.0	1350	$1,595	$1.18	24d	1	0.93mi
66 Turning Stone Blvd Murrells Inlet, SC	3.0	2.0	1450	$1,700	$1.17	24d	1	0.95mi
4323 Lotus Ct Unit F Murrells Inlet, SC	3.0	2.0	1319	$1,750	$1.33	24d	1	1.36mi

Listing history 33 events

1. 2026-06-18
   days on market $79,000 Active 26 DOM
2. 2026-06-17
   days on market $79,000 Active 25 DOM
3. 2026-06-16
   days on market $79,000 Active 24 DOM
4. 2026-06-15
   days on market $79,000 Active 23 DOM
5. 2026-06-14
   days on market $79,000 Active 21 DOM
6. 2026-06-10
   days on market $79,000 Active 18 DOM
7. 2026-06-09
   days on market $79,000 Active 17 DOM
8. 2026-06-08
   days on market $79,000 Active 16 DOM
9. 2026-06-07
   days on market $79,000 Active 15 DOM
10. 2026-06-03
    days on market $79,000 Active 11 DOM
11. 2026-06-02
    days on market $79,000 Active 10 DOM
12. 2026-06-01
    days on market $79,000 Active 9 DOM
13. 2026-05-31
    days on market $79,000 Active 8 DOM
14. 2026-05-30
    days on market $79,000 Active 7 DOM
15. 2026-05-23
    listed $79,000 Active
16. 2024-09-25
    soldstatus $45,000 Closed 580-char remark

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

17. 2024-09-20
    historical Active Under Contract 580-char remark

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

18. 2024-09-20
    historical

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

19. 2024-07-24
    price $49,899 580-char remark

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

20. 2024-06-27
    listed $44,899 Active
21. 2024-06-01
    status Active 580-char remark

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

22. 2024-05-17
    price $49,999 580-char remark

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

23. 2024-04-10
    price $45,000 580-char remark

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

24. 2024-03-06
    price $49,999 580-char remark

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

25. 2024-02-02
    listed $60,000 Active 580-char remark

    Show marketing remark (580 chars)

    This could be your new home or home-away-from home in this active 55+ community of Oceanside Landing (formerly Captains Cove! This community offers a pool, clubhouse, and lots of ongoing activities for your enjoyment. .. plus it's a short car-ride to the beach! This split bedroom floor plan allows for privacy and the large great room and multiple porches are perfect for gatherings. Pet friendly, golf carts and motorcycles are allowed. Buyer has to complete an application and be approved by Oceanside Landing. Seller with pay lot lease up to 6 months with approved contract!

26. 2020-02-14
    soldstatus $41,500 Closed
27. 2020-02-06
    historical Active Under Contract
28. 2020-01-03
    price $46,900
29. 2019-11-26
    listed $49,900 Active
30. 2015-09-17
    historical
31. 2015-05-28
    listed $22,900
32. 2014-09-12
    historical
33. 2014-09-02
    listed $14,900

ⓘ 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: $20,820
• − Mortgage interest: −$4,425
• − Property taxes: −$1,185
• − Insurance: −$395
• − Repairs & maintenance: −$1,666
• − Management: −$1,666
• − Depreciation: −$2,298
• Taxable income: $9,186
• Est. tax owed @ 24.0%: −$2,205
• After-tax cash flow: $7,692/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

+430.2% since first listed

19 events — show timeline

• 2026-05-23 Listed $79,000 CCAR
• 2024-09-25 Sold (MLS) $45,000 CCAR
• 2024-09-20 Contingent — CCAR
• 2024-09-20 Listing Removed — CCAR
• 2024-07-24 Price Changed $49,899 CCAR
• 2024-06-27 Listed $44,899 CCAR
• 2024-06-01 Relisted — CCAR
• 2024-05-17 Price Changed $49,999 CCAR
• 2024-04-10 Price Changed $45,000 CCAR
• 2024-03-06 Price Changed $49,999 CCAR
• 2024-02-02 Listed $60,000 CCAR
• 2020-02-14 Sold (MLS) $41,500 CCAR
• 2020-02-06 Contingent — CCAR
• 2020-01-03 Price Changed $46,900 CCAR
• 2019-11-26 Listed $49,900 CCAR
• 2015-09-17 Listing Removed — CCAR
• 2015-05-28 Listed $22,900 CCAR
• 2014-09-12 Listing Removed — CCAR
• 2014-09-02 Listed $14,900 CCAR