30 Waterfront Dr APT 132Saint Simons IslandGA31522
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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
Investment Highlights
Investment property for sale in Saint Simons Island at 30 Waterfront Dr APT 132, Saint Simons Island, GA, 31522 listed at $704,900 pairs $5,239/mo rent with a $3,450/mo payment. Total monthly income runs $5,239/mo. Return on cash invested measures 13.97% in year one, and rental yield registers 8.92% at a $704,900 basis. Equity gained on principal adds $4,549/yr, and annual property appreciation at 5% supports $194,751 by year five. Five-year ROI tracks 74.8% and total cumulative return in cash totals $173,478. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,239/mo property income relative to a $3,450/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
$2,082 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,268
Single Family
9,782
Multi-Family
1,486
Businesses
1,233
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Listed by: Susan Ayers • Clickit Realty
Mls Name: GIAOR
Mls ID: #1650739
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.