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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 Jekyll Island at 1175 N Beachview Dr #378, Jekyll Island, GA, 31527 offers a 8.23% rental yield on a $349,900 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,713/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,240/yr on $115,992 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 117.73% and total cumulative return in cash at $136,554. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31527, Jekyll Island, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 847 (100%) |
| Owner Occupied HU | 378 (44.6%) |
| Renter Occupied HU | 112 (13.2%) |
| Vacant Housing Units | 357 (42.1%) |
| Median Home Value | $542,929 |
| Average Home Value | $553,406 |
Residential
926
Single Family
926
Multi-Family
0
Businesses
104
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Price change | $349,900 |
| 2024-06-25 | Listed for sale | $359,900 |
| 2018-05-04 | Sold | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $1841.64 | 17.03% | $95,600 | 20.10% |
| 2022-10-17 | $1573.61 | 17.83% | $79,600 | 22.84% |
| 2021-10-17 | $1335.52 | N/A | $64,800 | N/A |
Listed by: Ann Dempsey • BHHS Hodnett Cooper Real Estate
Mls Name: GIAOR
Mls ID: #1647403
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.
