1704 Frederica Rd APT 132Saint 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
Total monthly income runs $2,490/mo, and a $2,300/mo payment. Purchase price stands at $470,000, and rental yield measures 6.36% with $2,490/mo rent. Return on cash invested shows 14.3% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 73.62% and total cumulative return in cash records $114,705. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,490/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$4,296 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: Brian Watson • BHHS Hodnett Cooper Real Estate
Mls Name: GAMLS
Mls Provider:
Mls ID: #10534387
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.