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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 158 Merion, Saint Simons Island, GA, 31522 projects strong ROI of 12.84%. Rental yield 4.91%. With 5% annual appreciation, the property builds $607,819 in value over five years. Equity growth combined delivers a projected five-year ROI of 64.74%, translating into $461,475 in total cumulative return on $712,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1986
0.40 Acres lot
$N/A/sqft
$1,000 annually 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 |
|---|---|---|
| 2025-01-20 | Listed for sale | $2,200,000 |
| 2020-03-27 | Sold | $830,000 |
| 2020-03-23 | Pending sale | $850,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $5653.70 | -8.18% | $600,040 | 52.42% |
| 2022-02-16 | $6157.61 | -2.97% | $393,680 | 58.38% |
| 2021-02-16 | $6345.78 | N/A | $248,560 | N/A |
What's Special
Permanent Stairs
Listed by: Patsy Bryan • BHHS Hodnett Cooper Real Estate
Mls Name: GIAOR
Mls ID: #1651564
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
