








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 1205 Mariners Cir, Saint Simons Island, GA, 31522 uses $215,495 cash to close to unlock $26,647/yr annual cash flow and $2,221/mo monthly cash flow. Total monthly income runs $6,629/mo, and a $3,206/mo payment keeps the spread at $2,221/mo. Purchase price stands at $655,000, and rental yield measures 12.14% with $6,629/mo rent. Return on cash invested shows 32.43% in year one, and 5% annual appreciation builds toward $180,964 over five years. Five-year ROI reaches 170.65% and total cumulative return in cash records $367,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,629/mo property income covering a $3,206/mo payment rather than investor’s personal income.
Townhouse
Built in 2016
3,920 sqft lot
$N/A/sqft
$4,650 annually 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 |
|---|---|---|
| 2024-08-15 | Listed for sale | $655,000 |
| 2024-07-02 | Listing removed | N/A |
| 2024-04-29 | Price change | $659,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $5848.78 | 32.58% | $232,920 | 36.27% |
| 2022-10-17 | $4411.51 | 15.18% | $170,920 | 19.29% |
| 2021-10-17 | $3830.22 | N/A | $143,280 | N/A |



Listed by: Maria Jennings • DeLoach Sotheby's Intl. Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10358902
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.