Murrells Inlet · Murrells Inlet, SC
122 Rainbow Drive
Murrells Inlet, SC · 2,232 sqft
$1,050,000
- 5Beds
- 6Baths
- 2,232SqFt
- 2006Year
- 1Days on market
About this home
Located in the heart of Murrells Inlet, this home has all of the amenities that you would want in a beach house, and very strong rental income! With over $35,000 in upgrades completed within the past year. during the breaks from having guests, this home is gorgeous inside and out! Just minutes from the iconic Murrells Inlet Marsh Walk and a short walk to Surfside Beach, this property is ideally positioned near the area’s most sought-after attractions; making it a consistent draw for vacationers and a standout opportunity for continued rental success for investors. This home features an elevator that runs all 3 levels and several walk-in showers! Nearly every bedroom has its own bath! A stylish blend of industrial charm and modern coastal comfort, the home is designed for both relaxation and entertainment. Outdoor living takes center stage with a private pool, hot tub, and outdoor kitchenette; perfect for enjoying the coastal air after a day at the beach or an evening along the Marsh Walk’s waterfront dining and live music scene. Inside is just as breathtaking; with an ppen and airy floorplan, leading to the kitchen, living, and dining areas. A long family-style dining table and expansive island seating make hosting effortless. With spacious bedrooms, private bathrooms, Smart TVs throughout, and the convenience of a private elevator, this home comfortably accommodates large groups, repeat guests, and extended stays—delivering both elevated guest experience and strong investment appeal in one of the Grand Strand’s most desirable coastal markets. This one is an amazing money-maker for investors, and an excellent second home! Please do not hesiate to contact me for numbers; with roughly $108k in income last year, and projected for even more in 2026! Wow!
Property details
- Beds
- 5
- Baths
- 6
- SqFt
- 2,232
- Lot
- —
- Year built
- 2006
- Type
- Single Family
- Days on market
- 1
- Style
- Post and Beam
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Pillar/Post/Pier
- Flooring
- Tile, Vinyl
- View
- Long Range, Year Round
Features
- Elevator
- Kitchen Island
- Open Floorplan
- Storage
- Above Ground Hot Tub / Spa
- Hot Tub
- Outdoor Shower
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$7,727/ month
- Principal & interest
- $6,502
- Property tax (~1.05%)
- $918
- Homeowners insurance
- $306
- HOA dues
- —
Down payment
$52,500 down · $997,500 financed
Income to qualify (28% rule)
~$331,197 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.