








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 173 Rice Ml, Saint Simons Island, GA, 31522 listed at $1,399,999 pairs $5,075/mo rent with a $6,852/mo payment. Total monthly income runs $5,075/mo. Return on cash invested measures 11.03% in year one, and rental yield registers 4.35% at a $1,399,999 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Five-year ROI tracks 55.08% and total cumulative return in cash totals $249,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,075/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.45 Acres lot
$N/A/sqft
$255 quarterly 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 |
|---|---|---|
| 2025-03-03 | Listed for sale | $1,399,999 |
| 2025-03-02 | Listing removed | $1,449,999 |
| 2024-11-25 | Price change | $1,449,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-04 | $4763.80 | -9.26% | $306,520 | 6.98% |
| 2022-03-04 | $5249.94 | -1.54% | $286,520 | 36.86% |
| 2021-03-04 | $5332.09 | N/A | $209,360 | N/A |



Listed by: Cindy Jacobs • BHHS Hodnett Cooper Real Estate
Mls Name: GIAOR
Mls ID: #1652296
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.