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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 800 Ocean Blvd UNIT 208, Saint Simons Island, GA, 31522 earns from $2,760/mo rent with a $5,873/mo payment. Total monthly income totals $2,760/mo. ROI tracks 4.75% on current figures, and rental yield reads 2.76% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 21.89% and total cumulative return in cash sums $85,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$518 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 |
|---|---|---|
| 2024-09-13 | Listed for sale | $1,200,000 |
| 2006-08-25 | Sold | $1,150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $7136.29 | -2.01% | $290,400 | N/A |
| 2022-09-15 | $7282.95 | -3.02% | $290,400 | N/A |
| 2021-09-15 | $7509.74 | N/A | $290,400 | N/A |
Listed by: Carla Emmons • Emmons Realty Sales Corp
Mls Name: GIAOR
Mls ID: #1649144
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.
