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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 Saint Simons Island at 10 Marina Dr APT 213, Saint Simons Island, GA, 31522 generates $4,505/mo in rent, after a $3,304/mo payment. Total monthly income is $4,505/mo. Return on cash invested sits at 18.74% in year one, and rental yield is 8.01% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 97.67% and total cumulative return in cash sums $216,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,505/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$641 monthly HOA
Neighborhood data shown for ZIP Code: 31522, Saint Simons Island, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,280 (100%) |
| Owner Occupied HU | 6,783 (55.2%) |
| Renter Occupied HU | 1,468 (12.0%) |
| Vacant Housing Units | 4,029 (32.8%) |
| Median Home Value | $607,719 |
| Average Home Value | $700,965 |
Residential
11,268
Single Family
9,782
Multi-Family
1,486
Businesses
1,233
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Listing removed | $724,900 |
| 2025-05-27 | Listed for sale | $724,900 |
| 2025-04-16 | Listing removed | $695,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-30 | $5406.28 | 6.09% | $220,000 | 8.27% |
| 2022-09-30 | $5096.05 | 10.96% | $203,200 | 30.26% |
| 2021-09-30 | $4592.73 | N/A | $156,000 | N/A |
Listed by: Ann Harrell • DeLoach Sotheby's International Realty
Mls Name: GIAOR
Mls ID: #1640776
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.
