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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 Jekyll Island at 24 Harbor Rd, Jekyll Island, GA, 31527 offers $3,937/mo rent that, after a $3,377/mo payment. Total monthly income is $3,937/mo. Return on cash invested measures 14.37% in year one, and rental yield stands at 6.85% at a $690,000 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,634 by year five. Five-year ROI records 74.53% and total cumulative return in cash reaches $169,196. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,937/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2021
N/A lot
$N/A/sqft
$9,768 annually HOA
Neighborhood data shown for ZIP Code: 31527, Jekyll Island, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 847 (100%) |
| Owner Occupied HU | 378 (44.6%) |
| Renter Occupied HU | 112 (13.2%) |
| Vacant Housing Units | 357 (42.1%) |
| Median Home Value | $542,929 |
| Average Home Value | $553,406 |
Residential
926
Single Family
926
Multi-Family
0
Businesses
104
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Price change | $690,000 |
| 2024-08-29 | Listed for sale | $695,000 |
| 2022-05-10 | Sold | $615,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $4738.94 | 11.39% | $246,000 | 14.31% |
| 2022-10-17 | $4254.29 | N/A | $215,200 | -54.23% |
| 2021-10-17 | N/A | N/A | $470,160 | N/A |
Listed by: Jennifer Sloan • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls Provider:
Mls ID: #10366954
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
