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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 Jekyll Island at 7 Caretta Ln, Jekyll Island, GA, 31527 generates $2,400/mo in rent, after a $4,694/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 4.71% in year one, and rental yield is 3% on a $959,000 entry. Equity gained on principal adds $6,188/yr, while 5% annual appreciation builds toward $264,954 over five years. Five-year ROI reaches 21.99% and total cumulative return in cash sums $69,367. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
2,613 sqft lot
$N/A/sqft
$600 monthly 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 |
|---|---|---|
| 2025-02-14 | Listed for sale | $959,000 |
| 2016-07-22 | Sold | $382,975 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $5868.59 | 22.65% | $304,640 | 25.86% |
| 2022-02-16 | $4784.89 | 2.65% | $242,040 | 27.44% |
| 2021-02-16 | $4661.16 | N/A | $189,920 | N/A |
Listed by: Juliana Germano • Parker Kaufman- Jekyll
Mls Name: GIAOR
Mls ID: #1651944
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.
