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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% |
Total monthly income runs $3,231/mo, and a $6,681/mo payment. Purchase price stands at $1,365,000, and rental yield measures 2.84% with $3,231/mo rent. Return on cash invested shows 4.79% in year one, and 5% annual appreciation builds toward $377,124 over five years. Five-year ROI reaches 22.16% and total cumulative return in cash records $98,027. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,231/mo property income covering a $6,681/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
$2,000 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 |
|---|---|---|
| 2025-08-06 | Listed for sale | $1,365,000 |
| 2021-03-05 | Sold | $849,000 |
| 2021-01-04 | Listed for sale | $849,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-07 | $5229.35 | -2.01% | $212,800 | N/A |
| 2022-08-07 | $5336.81 | -3.02% | $212,800 | N/A |
| 2021-08-07 | $5503.00 | N/A | $212,800 | N/A |
Listed by: Melissa Hallman • Engel & Volkers Golden Isles
Mls Name: GIAOR
Mls ID: #1655757
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.
