100 Blair Rd APT A3Saint Simons IslandGA31522
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Saint Simons Island at 100 Blair Rd APT A3, Saint Simons Island, GA, 31522 offers $2,760/mo rent that, after a $1,786/mo payment, leaves $89/mo cash flow. Total monthly income is $2,760/mo, and annual cash flow is $1,070/yr on $120,964 cash. Return on cash invested measures 20.79% in year one, and rental yield stands at 9.08% at a $364,900 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,815 by year five. Five-year ROI records 109.1% and total cumulative return in cash reaches $131,976. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31522, Saint Simons Island, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,268
Single Family
9,782
Multi-Family
1,486
Businesses
1,233
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Listed by: Ariel Lawless • Elegant Island Properties, LLC
Mls Name: GIAOR
Mls ID: #1648071
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.