1000 New Sea Island Rd APT 35Saint 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
Investment property for sale in Saint Simons Island at 1000 New Sea Island Rd APT 35, Saint Simons Island, GA, 31522 uses $94,478 cash to close to unlock $12,064/yr annual cash flow and $1,005/mo monthly cash flow. Total monthly income runs $2,740/mo, and a $1,395/mo payment keeps the spread at $1,005/mo. Purchase price stands at $285,000, and rental yield measures 11.54% with $2,740/mo rent. Return on cash invested shows 32.68% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 171.21% and total cumulative return in cash records $161,754. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,740/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No 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: N/A • N/A
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