1175 N Beachview Dr #437Jekyll IslandGA31527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jekyll Island at 1175 N Beachview Dr #437, Jekyll Island, GA, 31527 offers a 8.2% rental yield on a $198,500 purchase with $1,356/mo rent. Total monthly income registers $1,356/mo, and a $972/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,769/yr on $65,803 to close, and return on cash invested stands at 22.6% in year one. Equity gained on principal adds $1,281/yr while 5% annual appreciation supports $54,842 over five years. Portfolio math shows five-year ROI at 117.16% and total cumulative return in cash at $77,093. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,356/mo property income against a $972/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
Neighborhood data shown for ZIP Code: 31527, Jekyll Island, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
926
Single Family
926
Multi-Family
0
Businesses
104
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Nearby investment properties with comparable prices
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