Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Saint Simons Island at 800 Ocean Blvd UNIT 108, Saint Simons Island, GA, 31522 generates $3,687/mo in rent, after a $6,118/mo payment. Total monthly income is $3,687/mo. Return on cash invested sits at 7.04% in year one, and rental yield is 3.54% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 34.23% and total cumulative return in cash sums $138,613. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,687/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$578 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 |
|---|---|---|
| 2025-09-22 | Price change | $1,250,000 |
| 2025-08-14 | Listed for sale | $1,290,000 |
| 2021-04-08 | Sold | $800,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $6959.35 | -2.01% | $283,200 | N/A |
| 2022-10-15 | $7102.37 | -3.02% | $283,200 | N/A |
| 2021-10-15 | $7323.56 | N/A | $283,200 | N/A |
Listed by: Crystal Akers • BHHS Hodnett Cooper Real Estate
Mls Name: GIAOR
Mls ID: #1655962
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.
