120 Rosemont StSaint 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
Investment property for sale in Saint Simons Island at 120 Rosemont St, Saint Simons Island, GA, 31522 listed at $675,000 pairs $3,062/mo rent with a $3,304/mo payment. Total monthly income runs $3,062/mo. Return on cash invested measures 14.41% in year one, and rental yield registers 5.44% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 73.17% and total cumulative return in cash totals $162,483. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,062/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
6,098 sqft 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: Lee Swafford III • Golden Isles Realty
Mls Name: GIAOR
Mls ID: #1658838