8 Bright StreetTybee IslandGA31328
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Tybee Island at 8 Bright Street, Tybee Island, GA, 31328 with 5% annual appreciation on a $544,000 basis while $2,362/mo rent supports operations. 7% in year one. Equity gained on principal adds $3,510/yr, and five-year appreciation sums $150,297 alongside rental yield of 5.21%. Five-year ROI measures 69.35% and total cumulative return in cash totals $124,126. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,362/mo property income versus a $2,663/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31328, Tybee Island, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,306 (42.2%) |
| Renter Occupied HU | 317 (10.2%) |
| Vacant Housing Units | 1,475 (47.6%) |
| Median Home Value | $605,556 |
| Average Home Value | $673,654 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
987
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raymond M. Lossing • Metro Properties
Mls Name: Hive MLS
Mls ID: #SA345965