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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 798 Mallery St APT 10, Saint Simons Island, GA, 31522 offers a 5.87% rental yield on a $760,000 purchase with $3,715/mo rent. 96% in year one. Equity gained on principal adds $4,904/yr while 5% annual appreciation supports $209,974 over five years. Portfolio math shows five-year ROI at 71.42% and total cumulative return in cash at $178,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,715/mo property income against a $3,720/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
4,356 sqft lot
$N/A/sqft
$4,320 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 |
|---|---|---|
| 2024-10-06 | Price change | $760,000 |
| 2024-06-27 | Price change | $785,000 |
| 2024-06-12 | Listed for sale | $825,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $3519.15 | -1.94% | $138,120 | N/A |
| 2022-10-17 | $3588.91 | -2.92% | $138,120 | N/A |
| 2021-10-17 | $3696.78 | N/A | $138,120 | N/A |
What's Special
Pull Down Stairs
Listed by: Michelle Fox Massuh • Keller Williams Golden Isles
Mls Name: GAMLS
Mls Provider:
Mls ID: #10382635
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
