1003 Mariners Cir, Saint Simons Island, GA, 31522 | 6% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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1003 Mariners Cir, Saint Simons Island, GA, 31522 | 6% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Simons Island at 1003 Mariners Cir, Saint Simons Island, GA, 31522 listed at $725,000 pairs $3,624/mo rent with a $3,549/mo payment. Total monthly income runs $3,624/mo. Return on cash invested measures 16.09% in year one, and rental yield registers 6% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 82.22% and total cumulative return in cash totals $196,109. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,624/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2016

3,049 sqft lot

$N/A/sqft

No HOA

More details about the property

Very rare that this location becomes available! Best views of Lake & Fountain. Enjoy evenings grilling out on your private patio listening to sounds of the water! This immaculately kept home offers a comfortable floor plan with Entry Foyer, Home Office, Powder room, Kitchen leading to the Dining & Living area, all with views of lake. The main floor Master suite is spacious with walk-in closet & overlooks the Screened Porch. Upstairs is the perfect area for guests or family members! Den, 2 Bedrooms, Bath & walk-in attic storage. Single car Garage with epoxy floor, plus a driveway long enough for 2 cars & guest parking near by. There is a huge community POOL with bath houses & parking just across the lake. Easy on/off Island location & convenient to shopping. Public Dock & park area just down the street. This is the loveliest part of the Island for walking or biking! FEATURES; Main level living, master suite, home office, Kitchen, Dining ,Living, Garage, large grilling patio plus Screened Porch. Whether you're looking for a full time home or vacation home you should take a look at 1003 Mariners Circle! Being sold furnished.

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