2512 Demere Rd APT 7, Saint Simons Island, GA, 31522 | 7.17% Rental Yield

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2512 Demere Rd APT 7, Saint Simons Island, GA, 31522 | 7.17% Rental Yield | Ziffy

For Sale

Fix & Flip

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 2512 Demere Rd APT 7, Saint Simons Island, GA, 31522 listed at $349,900 pairs $2,092/mo rent with a $1,713/mo payment. Total monthly income runs $2,092/mo. Return on cash invested measures 19.52% in year one, and rental yield registers 7.17% 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 100.64% and total cumulative return in cash totals $116,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,092/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Perfect location for this 2 bedroom, 2 bathroom condo close to shopping, dining and the beach, situated in the gated community of Island Retreat. Barely lived in and ready for the next owner, it would be a fabulous vacation home, investment or primary residence. Low HOA fees, located on the second floor, easy on and off the island and priced to sell, don't hesitate to come and view it. Great opportunity!

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