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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 Saint Simons Island at 1227 Sea Palms West Dr, Saint Simons Island, GA, 31522 offers a 6.79% rental yield on a $924,000 purchase with $5,230/mo rent. 03% in year one. Equity gained on principal adds $5,962/yr while 5% annual appreciation supports $255,284 over five years. Portfolio math shows five-year ROI at 92.77% and total cumulative return in cash at $282,023. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,230/mo property income against a $4,523/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
$1,439 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 |
|---|---|---|
| 2024-12-16 | Listed for sale | $924,000 |
| 2024-01-05 | Sold | $780,000 |
| 2023-07-13 | Listed for sale | $850,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $6253.47 | -6.85% | $277,800 | 3.77% |
| 2022-02-16 | $6713.56 | 193.70% | $267,720 | 457.75% |
| 2021-02-16 | $2285.85 | N/A | $48,000 | N/A |
Listed by: Courtney Been • Duckworth Properties BWK
Mls Name: GIAOR
Mls ID: #1650578
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.
