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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 Saint Simons Island at 307 Reserve Ln, Saint Simons Island, GA, 31522 generates $3,360/mo in rent, after a $2,834/mo payment. Total monthly income is $3,360/mo. Return on cash invested sits at 3.15% in year one, and rental yield is 6.96% on a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 18.59% and total cumulative return in cash sums $35,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Townhouse
Built in 2014
2,178 sqft lot
$N/A/sqft
$2,520 monthly HOA
Neighborhood data shown for ZIP Code: 31522, Saint Simons Island, GA area.
| 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 |
Residential
11,268
Single Family
9,782
Multi-Family
1,486
Businesses
1,233
Date | Event | Price |
|---|---|---|
| 2024-09-18 | Listed for sale | $579,000 |
| 2019-10-05 | Listing removed | $3,900 |
| 2019-09-12 | Listed for rent | $3,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $4627.94 | 25.72% | $183,240 | 29.22% |
| 2022-10-17 | $3681.20 | 7.65% | $141,800 | 11.30% |
| 2021-10-17 | $3419.56 | N/A | $127,400 | N/A |
Listed by: Len Hoshall • BHHS Hodnett Cooper Real Estate
Mls Name: GIAOR
Mls ID: #1649037
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.
