54 Peregrine Ct · Murrells Inlet, SC 29576

$215,000

3 bd · 2.0 ba · 2,048 sqft · Manufactured · 59 Days on market

Manufactured home Built 2015 Est $182k · 18% over

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Why this score? — see what drove the F 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 +8.0/30.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• DSCR +2.0/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

Key facts

• Quiet cul-de-sac
• Soaking tub
• Primary suite

Tags

• HAWKS NEST COMMUNITY
• QUIET CUL-DE-SAC
• WELL-APPOINTED KITCHEN
• STAINLESS STEEL APPLIANCES
• PRIMARY SUITE
• SOAKING TUB

Property features AI

Finance

• Other: Zoning: PD; Lot features: irregular lot, outside city limits; Lot dimensions: 149x92x112x90
• Financial info: Has land lease (monthly $420); For sale
• HOA & community: Monthly association fee; Owner allowed golf cart; Owner allowed motorcycle; Pet restrictions; Community allows golf carts

Exterior

• Parking: Carport; Total parking for 4 vehicles
• Security: Security system; Smoke detectors
• Utilities: Public water; Sewer available; Electricity available; Cable available; Phone available
• Home design: Double wide mobile home; Resale property; Built by Destiny (model: Timberline)
• Construction: Vinyl siding; Crawlspace foundation
• Exterior features: Rear porch; Front porch; Screened porch; Deck; Porch; Hot tub / spa; Storage

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Kitchen island; Breakfast bar; Solid surface counters; Stainless steel appliances
• Bedrooms: Primary bedroom on the main level; Bedroom on main level
• Flooring: Laminate; Luxury vinyl / luxury vinyl plank; Tile
• Bathrooms: 2 full bathrooms; Garden tub and separate shower; Dual sinks
• Heating & cooling: Electric heating
• Interior features: Ceiling fans; Dual sinks; Garden tub / Roman tub; Main-level primary bedroom; Split bedroom floor plan; Separate shower; Vanity; Walk-in closets; Window treatments; Breakfast bar; Kitchen island; Stainless steel appliances; Solid surface counters; Unfurnished
• Laundry & utility: Washer hookup; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $215k.

Deal economics

• At list price, monthly cash flow is $-221 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $183k (14.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $160k (25.5% below list).
• Recommended offer: $160k (25.5% below list) — sets the bar for 1% rule.
• Cap rate 5.1% 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.
• Zoned schools: Waccamaw Elementary (math 67% / reading 62%, grade B, #56 of 597 statewide, top 10%, 519 students, 100% FRL); Waccamaw Intermediate (math 53% / reading 56%, grade B-, #24 of 229 statewide, top 11%, 420 students, 43% FRL); Waccamaw High (math 42% / reading 93%, grade B, #72 of 196 statewide, top 36%, 858 students, 35% FRL) — zoned schools at 59% FRL track the district average.
• Zoned-school proficiency averages 62% at this address vs 32% district-wide (+30 pts) — the actual schools serving this property are materially stronger than the Georgetown 01 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+4.7%/yr); 290 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 6y 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 $122k; list at $215k 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 $160,081 (25.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.74% ✗
• Cap rate: 5.06%
• Cash-on-cash: -4.41%
• DSCR: 0.80
• GRM: 11.2

CMA / ARV

• ARV (on-the-fly): $182,272
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
151 Hawks Nest Cir	0.11mi	3/2.0	2,048 (0%)	13mo	$182,450	$89	84
10 Talon Cir	0.28mi	3/2.0	2,100 (+2%)	6mo	$174,000	$83	78
23 Talon Cir	0.22mi	3/2.0	2,000 (-2%)	20mo	$101,500	$51	69
34 Talon Cir	0.19mi	3/2.0	1,742 (-15%)	5mo	$198,000	$114	62

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: -21.9%
• Equity multiple: 0.23×
• Total profit: $-46,184
• Equity at exit: $32,057

10-year hold

• IRR: -12.2%
• Equity multiple: 0.22×
• Total profit: $-46,720
• Equity at exit: $18,589

Cash invested: $60,200 (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: 290
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,601 high
• Mortgage (P&I): −$1,127
• Tax est. 1.5%: −$269 /mo · $3,225/yr
• Insurance: −$90
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$336
• Net cashflow: $-221

Break-even live

Break-even rent $1,881

Max offer price $182,995

Occupancy floor —

Sensitivity live

Price	-10% $-73	-5% $-147	+0% $-221	+5% $-295	+10% $-370
Rent	-10% $-348	-5% $-284	+0% $-221	+5% $-158	+10% $-95
Rate	-1.0pp $-113	-0.5pp $-166	base $-221	+0.5pp $-277	+1.0pp $-334

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4430 Lady Banks Ln Unit D2 Murrells Inlet, SC	3.0	2.0	1400	$1,775	$1.27	25d	1	0.99mi
4384 Daphne Ln Murrells Inlet, SC	3.0	2.0	1450	$1,950	$1.34	23d	1	1.13mi
4376 Crepe Myrtle Ct Murrells Inlet, SC	3.0	2.0	1500	$1,850	$1.23	25d	1	1.21mi
66 Turning Stone Blvd Murrells Inlet, SC	3.0	2.0	1450	$1,700	$1.17	25d	1	1.24mi
200 Mossy Stone Ct #604 Murrells Inlet, SC	3.0	2.5	1695	$2,150	$1.27	25d	1	1.49mi

Listing history 29 events

1. 2026-06-23
   days on market $215,000 Active 59 DOM
2. 2026-06-22
   days on market $215,000 Active 58 DOM
3. 2026-06-18
   days on market $215,000 Active 55 DOM
4. 2026-06-17
   days on market $215,000 Active 54 DOM
5. 2026-06-16
   days on market $215,000 Active 53 DOM
6. 2026-06-15
   days on market $215,000 Active 52 DOM
7. 2026-06-14
   days on market $215,000 Active 50 DOM
8. 2026-06-10
   days on market $215,000 Active 47 DOM
9. 2026-06-09
   days on market $215,000 Active 46 DOM
10. 2026-06-08
    days on market $215,000 Active 45 DOM
11. 2026-06-07
    days on market $215,000 Active 44 DOM
12. 2026-06-03
    days on market $215,000 Active 40 DOM
13. 2026-06-02
    days on market $215,000 Active 39 DOM
14. 2026-06-01
    days on market $215,000 Active 38 DOM
15. 2026-05-31
    days on market $215,000 Active 37 DOM
16. 2026-05-30
    days on market $215,000 Active 36 DOM
17. 2026-05-07
    price $215,000
18. 2026-04-29
    status Active
19. 2026-04-22
    price $225,999
20. 2026-04-17
    listed $210,000 Active
21. 2021-03-04
    listed Active Under Contract 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

22. 2021-02-25
    soldstatus $122,000 Closed 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

23. 2021-02-25
    soldstatus $122,000 Closed 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

24. 2021-01-20
    historical Active Under Contract 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

25. 2021-01-19
    status Active 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

26. 2021-01-19
    historical Active Under Contract 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

27. 2020-09-09
    status Active 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

28. 2020-09-09
    historical Active Under Contract 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

29. 2020-09-04
    listed $124,900 Active 817-char remark

    Show marketing remark (817 chars)

    Peaceful Inlet living at its best! Welcome to 54 Peregrine Ct in the laid back coastal town of Murrells Inlet. This home is situated on a culdesac street in the quiet, leased land community of Hawks Nest. You will love the upgrades in this home including stainless kitchen appliances, hardwood flooring, 9 ft ceilings, chair molding throughout, and touch free motion-sensored kitchen sink faucet. The master bath has a large soaking tub, separate oversized shower, dual sink vanity, and a huge walk in closet! This home is being sold fully furnished and is turn key! 54 Peregrine Ct is only a short 10 minute drive to the beach and Murrells Inlet's famous marshwalk! Don't miss out on this one; schedule your showing today! All information is deemed reliable, but verification is the responsibility of the buyer.

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 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: $19,210
• − Mortgage interest: −$12,043
• − Property taxes: −$3,225
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,537
• − Management: −$1,537
• − Depreciation: −$6,255
• Taxable loss: −$6,462
• Est. tax savings @ 24.0%: +$1,551
• After-tax cash flow: $-1,103/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

+72.1% since first listed

13 events — show timeline

• 2026-05-07 Price Changed $215,000 CCAR
• 2026-04-29 Relisted — CCAR
• 2026-04-22 Price Changed $225,999 CCAR
• 2026-04-17 Listed $210,000 CCAR
• 2021-03-04 Listed — CCAR
• 2021-02-25 Sold (MLS) $122,000 CCAR
• 2021-02-25 Sold (MLS) $122,000 CCAR
• 2021-01-20 Contingent — CCAR
• 2021-01-19 Relisted — CCAR
• 2021-01-19 Contingent — CCAR
• 2020-09-09 Relisted — CCAR
• 2020-09-09 Contingent — CCAR
• 2020-09-04 Listed $124,900 CCAR

Property tax history

+9.3%/yr

Latest (2025): $176 · +4.6% YoY. Source: county tax records.