156 Shady Brook Cir UNIT 101, Saint Simons Island, GA, 31522 | $1,117/mo Cash Flow

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156 Shady Brook Cir UNIT 101, Saint Simons Island, GA, 31522 | $1,117/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Simons Island at 156 Shady Brook Cir UNIT 101, Saint Simons Island, GA, 31522 offers a 10.4% rental yield on a $432,900 purchase with $3,752/mo rent. Total monthly income registers $3,752/mo, and a $2,119/mo payment leaves $1,117/mo available for distribution. Annual cash flow reaches $13,406/yr on $143,506 to close, and return on cash invested stands at 29.25% in year one. Equity gained on principal adds $2,793/yr while 5% annual appreciation supports $119,602 over five years. Portfolio math shows five-year ROI at 152.82% and total cumulative return in cash at $219,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,752/mo property income against a $2,119/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

This 3 bedroom, 2 bath condo is located on the first floor in Shadow Brooke Village on St. Simons Island, GA. The ground floor is the single garage and then you take the elevator to the 1st floor. There are LVP floors throughout and tile in the hall bathroom. This condo has been freshly painted throughout; ceilings, trim, doors and walls. New stainless steel kitchen appliances. A screen in porch is off of the kitchen. You can enjoy your favorite beverage in the morning or evening while sitting in the screen in porch. The primary bedroom is separate from the other two bedrooms. It is very spacious and has two closets. The primary bath has a double vanity and the separate shower has been completely redone! You have a separate jacuzzi tub. The kitchen is open to the living and dining area. This property is very unique for St. Simons Island. It is a gated community, has an elevator in every building, with each unit having a single car garage and a storage room on the ground level. It also has a pool on the marsh and two lagoons with a creek running down the middle of the community. It is located less than 1 mile from shops, restaurants and less than 2.5 miles from the beach and the Village area. It is easy access on and off of the island. This is a must see!

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