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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% |
Total monthly income runs $2,165/mo, and a $1,933/mo payment. Purchase price stands at $395,000, and rental yield measures 6.58% with $2,165/mo rent. Return on cash invested shows 13.86% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 71.7% and total cumulative return in cash records $93,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$421 monthly 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $395,000 |
| 2021-04-30 | Listing removed | N/A |
| 2021-02-16 | Listed for rent | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-25 | $2356.32 | -1.91% | $90,800 | N/A |
| 2022-04-25 | $2402.18 | 2.72% | $90,800 | 16.71% |
| 2021-04-25 | $2338.62 | N/A | $77,800 | N/A |
Listed by: Renae Kirk • Sand Dollar Shores Properties, Inc.
Mls Name: GIAOR
Mls ID: #1653530
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.
