








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $4,154/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 4.33% with $4,154/mo rent. Return on cash invested shows 11.21% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 55.94% and total cumulative return in cash records $208,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,154/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-06-22 | Price change | $1,150,000 |
| 2024-05-17 | Listed for sale | $1,175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $5986.22 | -2.01% | $243,600 | N/A |
| 2022-09-15 | $6109.24 | -3.02% | $243,600 | 8.07% |
| 2021-09-15 | $6299.50 | N/A | $225,400 | N/A |



Listed by: Ann Harrell • DeLoach Sotheby's Intl. Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10305973
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.