








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 188 Hampton Point Dr, Saint Simons Island, GA, 31522 offers a 3.5% rental yield on a $1,899,000 purchase with $5,539/mo rent. 61% in year one. Equity gained on principal adds $12,254/yr while 5% annual appreciation supports $524,659 over five years. Portfolio math shows five-year ROI at 42.01% and total cumulative return in cash at $258,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,539/mo property income against a $9,295/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1.01 Acres lot
$N/A/sqft
$141 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 |
|---|---|---|
| 2025-01-29 | Listed for sale | $1,899,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $3230.41 | -12.32% | $384,920 | 3.67% |
| 2022-02-16 | $3684.51 | -2.93% | $371,280 | 16.23% |
| 2021-02-16 | $3795.68 | N/A | $319,440 | N/A |



Listed by: Susan Imhoff • DeLoach Sotheby's International Realty
Mls Name: GIAOR
Mls ID: #1651224
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.