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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Jekyll Island at 1 Ogden St #4, Jekyll Island, GA, 31527 offers $2,400/mo rent that, after a $2,491/mo payment. Total monthly income is $2,400/mo. Return on cash invested measures 10.41% in year one, and rental yield stands at 5.66% at a $509,000 entry. Equity gained on principal adds $3,285/yr while 5% annual appreciation compounds into $140,627 by year five. Five-year ROI records 53.44% and total cumulative return in cash reaches $89,485. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $2,491/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1964
0.41 Acres lot
$N/A/sqft
$3,000 semi-annually HOA
Neighborhood data shown for ZIP Code: 31527, Jekyll Island, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 847 (100%) |
| Owner Occupied HU | 378 (44.6%) |
| Renter Occupied HU | 112 (13.2%) |
| Vacant Housing Units | 357 (42.1%) |
| Median Home Value | $542,929 |
| Average Home Value | $553,406 |
Residential
926
Single Family
926
Multi-Family
0
Businesses
104
Date | Event | Price |
|---|---|---|
| 2024-07-20 | Listed for sale | $509,000 |
| 2016-03-25 | Sold | $190,000 |
| 2016-02-17 | Listed for sale | $209,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-06 | $6014.22 | 18.10% | $312,200 | 21.20% |
| 2022-07-06 | $5092.49 | N/A | $257,600 | 28.72% |
| 2021-07-06 | N/A | N/A | $200,120 | N/A |
Listed by: Connie Fry • Jekyll Realty
Mls Name: GIAOR
Mls ID: #1647905
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
