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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 3003 Ocean Oaks Dr, Jekyll Island, GA, 31527 priced at $995,000 converts $3,775/mo rent into after a $4,870/mo obligation. Total monthly income equals $3,775/mo. Return on cash invested prints 11.7% in year one, and rental yield reads 4.55% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 58.65% and total cumulative return in cash sums $192,006. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,775/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Single Family
Built in 2018
1,742 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-26 | Listed for sale | $995,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $7.70 | -2.65% | $400 | N/A |
| 2022-09-15 | $7.91 | -4.00% | $400 | N/A |
| 2021-09-15 | $8.24 | N/A | $400 | N/A |
Listed by: Colleen Martin • Duckworth Properties BWK
Mls Name: GIAOR
Mls ID: #1648706
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.
