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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 Jekyll Island at 640 Old Plantation Rd, Jekyll Island, GA, 31527 offers a 3.79% rental yield on a $759,000 purchase with $2,400/mo rent. 39% in year one. Equity gained on principal adds $4,898/yr while 5% annual appreciation supports $209,698 over five years. Portfolio math shows five-year ROI at 46.29% and total cumulative return in cash at $115,595. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $3,715/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.35 Acres 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 |
|---|---|---|
| 2024-07-26 | Listed for sale | $759,000 |
| 2024-07-20 | Contingent | $759,000 |
| 2024-05-22 | Listed for sale | $759,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $4651.87 | 17.00% | $241,480 | 20.07% |
| 2022-09-15 | $3975.94 | 14.15% | $201,120 | 19.01% |
| 2021-09-15 | $3483.09 | N/A | $169,000 | N/A |
What's Special
Pull Down Stairs
Listed by: Connie Fry • Jekyll Realty
Mls Name: GIAOR
Mls ID: #1646757
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.
