146 Shady Brook Cir UNIT 301Saint 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
Rental property for sale in Saint Simons Island at 146 Shady Brook Cir UNIT 301, Saint Simons Island, GA, 31522 generates $3,600/mo in rent and, after a $2,151/mo payment, leaves $925/mo in cash flow. Total monthly income is $3,600/mo, and annual cash flow is $11,103/yr on $145,694 invested. Return on cash invested sits at 27.53% in year one, and rental yield is 9.83% on a $439,500 entry. Equity gained on principal adds $2,836/yr, while 5% annual appreciation builds toward $121,426 over five years. Five-year ROI reaches 143.58% and total cumulative return in cash sums $209,193. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A 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: Freddy Stroud • Georgia Coast Realty
Mls Name: GIAOR
Mls ID: #1656297