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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 102 Reserve Ln, Saint Simons Island, GA, 31522 priced at $539,000 pairs $4,093/mo rent with $603/mo cash flow after a $2,638/mo payment. Total monthly income equals $4,093/mo, and annual cash flow comes to $7,232/yr on $177,331 invested. Return on cash invested is 24.14% in year one, and rental yield stands at 9.11% on a $539,000 basis. Equity gained on principal adds $3,478/yr, and 5% annual appreciation accumulates to $148,916 by year five. Five-year ROI measures 125.87% and total cumulative return in cash reaches $223,212. For financing, Ziffy Mortgage’s DSCR program evaluates $4,093/mo property income against a $2,638/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2013
2,178 sqft lot
$N/A/sqft
$210 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 |
|---|---|---|
| 2024-06-17 | Price change | $539,000 |
| 2024-05-27 | Price change | $544,000 |
| 2024-05-22 | Price change | $546,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $532.83 | -18.45% | $183,240 | 29.22% |
| 2022-10-17 | $653.40 | -2.30% | $141,800 | 11.30% |
| 2021-10-17 | $668.76 | N/A | $127,400 | N/A |
Listed by: Michele Beveridge • Banker Real Estate
Mls Name: GIAOR
Mls ID: #1646176
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.
