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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 524 Wesley Oak Cir, Saint Simons Island, GA, 31522 with 5% annual appreciation on a $1,200,000 basis while $4,566/mo rent supports operations. 92% in year one. Equity gained on principal adds $7,743/yr, and five-year appreciation sums $331,538 alongside rental yield of 4.57%. Five-year ROI measures 59.77% and total cumulative return in cash totals $232,391. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,566/mo property income versus a $5,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.64 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-24 | Listed for sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-25 | $610.64 | -16.73% | $488,760 | 7.96% |
| 2022-05-25 | $733.36 | -2.35% | $452,720 | 30.86% |
| 2021-05-25 | $751.03 | N/A | $345,960 | N/A |
Listed by: Michael Banker, LLC • Banker Real Estate
Mls Name: GIAOR
Mls ID: #1654168
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.
