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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 604 6th Ave, Saint Simons Island, GA, 31522 listed at $499,000 pairs $3,960/mo rent with a $2,442/mo payment to leave $923/mo cash flow. Total monthly income runs $3,960/mo, and annual cash flow reaches $11,080/yr on $165,419 cash to close. Return on cash invested measures 26.61% in year one, and rental yield registers 9.52% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 138.64% and total cumulative return in cash totals $229,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,960/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
6,534 sqft 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 |
|---|---|---|
| 2025-04-17 | Sold | $499,000 |
| 2025-03-28 | Pending sale | $499,000 |
| 2025-02-14 | Price change | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-05 | $3909.40 | 38.13% | $154,000 | 4.90% |
| 2022-07-05 | $2830.33 | -2.90% | $146,800 | 25.86% |
| 2021-07-05 | $2914.73 | N/A | $116,640 | N/A |
What's Special
Pull Down Stairs
Listed by: Nick Eller • Aiken Partners Real Estate
Mls Name: GIAOR
Mls ID: #1651936
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.
