149 N Cottages DrSaint 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
Investment property for sale in Saint Simons Island at 149 N Cottages Dr, Saint Simons Island, GA, 31522 with 5% annual appreciation on a $1,100,000 basis while $4,153/mo rent supports operations. 63% in year one. Equity gained on principal adds $7,098/yr, and five-year appreciation sums $303,910 alongside rental yield of 4.53%. Five-year ROI measures 58.27% and total cumulative return in cash totals $207,667. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,153/mo property income versus a $5,384/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
6,534 sqft lot
$N/A/sqft
$650 annually 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: Jacquie Wheeler • BHHS Hodnett Cooper Real Estate
Mls Name: GAMLS
Mls Provider:
Mls ID: #10589556
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 2025 GAMLS. All rights reserved.