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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 Tybee Island at 1217 Bay St #105B, Tybee Island, GA, 31328 offers a 9.3% rental yield on a $325,000 purchase with $2,520/mo rent. Total monthly income registers $2,520/mo, and a $1,591/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $874/yr on $107,738 to close, and return on cash invested stands at 20.72% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 108.94% and total cumulative return in cash at $117,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
435.60 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood data shown for ZIP Code: 31328, Tybee Island, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,306 (42.2%) |
| Renter Occupied HU | 317 (10.2%) |
| Vacant Housing Units | 1,475 (47.6%) |
| Median Home Value | $605,556 |
| Average Home Value | $673,654 |
Residential
987
Single Family
987
Multi-Family
0
Businesses
110
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $325,000 |
| 2025-05-19 | Listing removed | $339,000 |
| 2025-02-08 | Price change | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-31 | $4123.04 | 17.08% | $130,720 | 17.64% |
| 2023-05-31 | $3521.51 | 21.43% | $111,120 | 22.92% |
| 2022-05-31 | $2900.03 | 16.18% | $90,400 | 21.70% |
Listed by: Jennifer L. Rutherford • Jenny Rutherford Real Estate,
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA331722
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.
