201 Neptune Rd APT 258, Saint Simons Island, GA, 31522 | 6.67% Rental Yield

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201 Neptune Rd APT 258, Saint Simons Island, GA, 31522 | 6.67% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Simons Island at 201 Neptune Rd APT 258, Saint Simons Island, GA, 31522 earns from $5,532/mo rent with a $4,870/mo payment. Total monthly income totals $5,532/mo. ROI tracks 18.14% on current figures, and rental yield reads 6.67% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 93.19% and total cumulative return in cash sums $305,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,532/mo property income instead of your personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your island escape at the King & Prince South Villas, where breathtaking views of the beach, ocean, and pool set the stage for effortless coastal living. From both the main living areas and the primary suite, enjoy sun-drenched panoramas of the Atlantic and access to the spacious balcony-the perfect spot to dine outdoors, sip morning coffee, or simply unwind while surrounded by tropical beauty. Inside, the residence has been refreshed with new kitchen and bathroom countertops and updated fixtures, blending modern convenience with classic coastal style. The layout offers plenty of natural light and an easy flow between spaces, creating a warm, inviting atmosphere ideal for relaxing or entertaining. The primary bedroom is a tranquil haven with its own balcony access and sweeping views. Life at the South Villas means having the beach just steps from your door, ideal for daily walks, bike rides, or afternoons spent by the shoreline. Owners also enjoy proximity to the King & Prince Resort amenities, including on-site dining, a coffee and custard shop, and more. Beyond the resort, the condo's location shines-within walking distance to popular local restaurants and island attractions. Offering both personal enjoyment and rental potential, this property is a coveted investment opportunity. Whether you're seeking a vacation home, income-producing rental, or a combination of both, this oceanfront condo provides the perfect balance of lifestyle, convenience, and value on St. Simons Island.

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