805 Mallery St UNIT E, Saint Simons Island, GA, 31522 | $80/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

805 Mallery St UNIT E, Saint Simons Island, GA, 31522 | $80/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
4 Bath
2389 sft

122 Clearwater Dr #N1CEQM, Brunswick, GA, 31523

4 Bed
3 Bath
3126 sft

682 Marina Isle Dr, Woodbine, GA, 31569

4 Bed
3 Bath
2552 sft

855 Misty Harbor Blvd, Woodbine, GA, 31569

Spring Mountain II Plan, The Estates of Sanctuary Cove

4 Bed
3 Bath
2567 sft

Spring Mountain II Plan, The Estates of Sanctuary Cove, Waverly, GA, 31565

Nearby investment properties with comparable prices

4 Bed
3 Bath
2327 sft

96 E Lake Trl, Waverly, GA, 31565

3 Bed
3 Bath
2176 sft

1274 Waverly Farm Rd, Waverly, GA, 31565

4 Bed
3 Bath
2737 sft

253 Winding Trl, Brunswick, GA, 31523

3 Bed
2 Bath
2045 sft

214 Rookery Wynd, Waverly, GA, 31565

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Saint Simons Island at 805 Mallery St UNIT E, Saint Simons Island, GA, 31522 with 5% annual appreciation on a $539,000 basis while $3,360/mo rent supports operations. Total monthly income totals $3,360/mo and a $2,638/mo payment preserves $80/mo for cash returns. Annual cash flow comes to $956/yr on $177,331 deployed, and return on cash invested reaches 20.6% in year one. Equity gained on principal adds $3,478/yr, and five-year appreciation sums $148,916 alongside rental yield of 7.48%. Five-year ROI measures 106.38% and total cumulative return in cash totals $188,640.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,360/mo property income versus a $2,638/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1975

435.60 sqft lot

$N/A/sqft

No HOA

More details about the property

One of best #deals in the heart of the Village on south end of #stsimons not far from the beach or pier, pickleball, tennis, dog park, playground, restaurants. THIS is where you want to be without the million dollar pricing. 4 Bedrooms and 3 full baths with a floor plan consisting of 3 Bedrooms and 2 baths upstairs and a 4th bedroom or den with fireplace and a 3rd full bath with small shower downstairs. This condo community has short term location but snow bird rental restrictions for a little bit longer than staying just a weekend for rentals . Beacon Park is a pool community and it's just steps outside your front door. LPV flooring downstairs and carpet upstairs, updated kitchen with stainless steel appliances, recessed lighting and decorator taste meets ready for you- bring your bikini and RELAX. Sunroom has been opened up here to make a large living space that accommodates living/dining jointly off kitchen. Nice built-in for your tv, games creating good storage or custom dog kennels beneath. Upgraded details include whimsical rope railings on the staircase. Large walk-in closets upstairs could easily lock for owners closets. High end furnishings and most contents remain with exception to 2 pieces of artwork, the sofa and a bookshelf. This one surely don't miss! Call agent for appointment but easy to show. #beachfrontbargain #condo #investment Calling all #snowbirds do not rent-buy it and make money when not personally using. #locationlocationlocation #buyers #investors #stsimonsisland #stsimons #angelsellsstsimons #dreamsaremadeof #beach #realestate #pool #islandtime #september #footballseason #godawgs #beach #secondhome #vacationrental #airbnb #vrbo #weloveithere HOAs only $450/month.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31522, Saint Simons Island, GA area.

Housing Distribution

Housing Statistics

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