118 Saint Clair DrSaint Simons IslandGA31522
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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
Investment Highlights
Rental property for sale in Saint Simons Island at 118 Saint Clair Dr, Saint Simons Island, GA, 31522 offers $3,380/mo rent that, after a $2,349/mo payment, leaves $459/mo cash flow. Total monthly income is $3,380/mo, and annual cash flow is $5,508/yr on $159,120 cash. Return on cash invested measures 23.37% in year one, and rental yield stands at 8.45% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 121.25% and total cumulative return in cash reaches $192,941. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,380/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,268
Single Family
9,782
Multi-Family
1,486
Businesses
1,233
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Listed by: Connor Burke • BHHS Hodnett Cooper Real Estate BWK
Mls Name: GIAOR
Mls ID: #1655882
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.