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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% |
Investment property for sale in Saint Simons Island at 31 Admirals Cv, Saint Simons Island, GA, 31522 listed at $995,000 pairs $9,000/mo rent with a $4,870/mo payment to leave $2,896/mo cash flow. Total monthly income runs $9,000/mo, and annual cash flow reaches $34,756/yr on $327,355 cash to close. Return on cash invested measures 30.68% in year one, and rental yield registers 10.85% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 160.48% and total cumulative return in cash totals $525,354. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,000/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
6,098 sqft lot
$N/A/sqft
$575 annually 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 |
|---|---|---|
| 2024-09-11 | Price change | $995,000 |
| 2024-06-21 | Price change | $1,050,000 |
| 2024-05-03 | Price change | $1,125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $5151.85 | -1.97% | $204,560 | N/A |
| 2022-09-15 | $5255.15 | -1.21% | $204,560 | 32.59% |
| 2021-09-15 | $5319.76 | N/A | $154,280 | N/A |
Listed by: Dana Gardner • GardnerKeim Coastal Realty
Mls Name: GIAOR
Mls ID: #1648861
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.
