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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 1524 Wood Ave APT 116, Saint Simons Island, GA, 31522 uses $189,175 cash to close to unlock $7,689/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $4,140/mo, and a $2,814/mo payment keeps the spread at $641/mo. Purchase price stands at $575,000, and rental yield measures 8.64% with $4,140/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 125.28% and total cumulative return in cash records $236,999. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,140/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Condo
Built in 1982
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jason E Wojcik • Super Seller
Mls Name: GAMLS
Mls ID: #10659801
