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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% |
Rental property for sale in Saint Simons Island at 206 Reserve Ln, Saint Simons Island, GA, 31522 priced at $599,000 pairs $3,360/mo rent with after a $2,932/mo payment. Total monthly income equals $3,360/mo. Return on cash invested is 17.04% in year one, and rental yield stands at 6.73% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 87.77% and total cumulative return in cash reaches $172,978. For financing, Ziffy Mortgage’s DSCR program evaluates $3,360/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2014
3,484 sqft lot
$N/A/sqft
$210 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 |
|---|---|---|
| 2025-01-26 | Listed for sale | $599,000 |
| 2025-01-21 | Listing removed | $3,950 |
| 2024-12-31 | Listed for rent | $3,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $2418.47 | -15.33% | $183,240 | 29.22% |
| 2022-02-16 | $2856.42 | -2.90% | $141,800 | 11.30% |
| 2021-02-16 | $2941.63 | N/A | $127,400 | N/A |
Listed by: Amanda Duffey • DeLoach Sotheby's International Realty
Mls Name: GIAOR
Mls ID: #1651504
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.
