2502 Demere Rd APT 3, Saint Simons Island, GA, 31522 | 7.26% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2502 Demere Rd APT 3, Saint Simons Island, GA, 31522 | 7.26% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2005 sft

303 Creekway Dr, Brunswick, GA, 31525

5 Bed
4 Bath
3035 sft

243 Barrington Oaks Dr, Brunswick, GA, 31523

4 Bed
2 Bath
1740 sft

The Loblolly Plan, Majestic Oaks, Brunswick, GA, 31523

Investment Property+ 2 more

3 Bed
2 Bath
1974 sft

512 Newcastle St, Brunswick, GA, 31520

Nearby investment properties with comparable prices

1 Bed
1 Bath
613 sft

1175 N Beachview Dr #378, Jekyll Island, GA, 31527

4 Bed
2 Bath
1633 sft

66 Yorkshire Ln, Waverly, GA, 31565

3 Bed
2 Bath
1582 sft

1515 Lee St, Brunswick, GA, 31520

4 Bed
4 Bath
2169 sft

21 Edenham Ct, Brunswick, GA, 31523

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Saint Simons Island at 2502 Demere Rd APT 3, Saint Simons Island, GA, 31522 listed at $349,900 pairs $2,118/mo rent with a $1,713/mo payment. Total monthly income runs $2,118/mo. Return on cash invested measures 19.79% in year one, and rental yield registers 7.26% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 102.07% and total cumulative return in cash totals $118,398. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,118/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious GROUND Floor condo...Immaculate 2 bedroom, 2-bath condo offers a perfect blend of comfort and convenience in a vibrant community setting. Interior features include modern kitchen with custom cabinets and granite countertops, New LVP flooring in living area,new carpeting in bedrooms , tile in Kitchen and baths , laundry room , crown molding throughout , granite countertops and custom cabinets in bathrooms, tiled sunroom off of living area, abundant closet space and tiled showers. Both bedrooms are spacious and the primary has an en-suite design. New electrical panel, New frig, New washer 7 dryer, New front door. Complex - Pool - Tennis Court - Fitness Area - Playground - Pet Friendly - Vacuum/Car Wash Area - Plenty of Parking - Bike Storage - Nicely Landscaped & Gated Just 2.0 miles from the gates of Island Retreat to the Public Beach Access at the Coast Guard Station Walk to Restaurants, Grocery Stores, Shopping Centers Easy Access on and off the 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