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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% |
Investment property for sale in Saint Simons Island at 1035 Beachview Dr APT 102, Saint Simons Island, GA, 31522 listed at $739,900 pairs $3,026/mo rent with a $3,621/mo payment. Total monthly income runs $3,026/mo. Return on cash invested measures 8.54% in year one, and rental yield registers 4.91% at a $739,900 basis. Equity gained on principal adds $4,774/yr, and annual property appreciation at 5% supports $204,421 by year five. Five-year ROI tracks 43.23% and total cumulative return in cash totals $105,243. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,026/mo property income relative to a $3,621/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1976
N/A lot
$N/A/sqft
$2,583 quarterly 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 |
|---|---|---|
| 2025-02-06 | Listed for sale | $739,900 |
| 2021-08-11 | Sold | $435,000 |
| 2008-10-20 | Sold | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $3361.73 | -2.01% | $136,800 | N/A |
| 2022-02-16 | $3430.81 | -3.02% | $136,800 | N/A |
| 2021-02-16 | $3537.64 | N/A | $136,800 | N/A |
Listed by: Janice Morgan • Signature Properties Group Inc.
Mls Name: GIAOR
Mls ID: #1651747
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.
