








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Saint Simons Island at 201 Neptune Rd APT 456, Saint Simons Island, GA, 31522 generates $2,760/mo in rent, after a $5,359/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 4.07% in year one, and rental yield is 3.02% on a $1,095,000 entry. Equity gained on principal adds $7,066/yr, while 5% annual appreciation builds toward $302,528 over five years. Five-year ROI reaches 18.81% and total cumulative return in cash sums $66,718. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$915 monthly 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 |
|---|---|---|
| 2025-01-15 | Listed for sale | $1,095,000 |
| 2024-03-22 | Listing removed | N/A |
| 2024-02-17 | Listed for sale | $1,250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $6605.50 | -2.01% | $268,800 | N/A |
| 2022-02-16 | $6741.24 | -3.02% | $268,800 | 8.04% |
| 2021-02-16 | $6951.16 | N/A | $248,800 | N/A |



Listed by: Victor Long • Banker Real Estate
Mls Name: GIAOR
Mls ID: #1651276
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.