850 Mallery St APT S1, Saint Simons Island, GA, 31522 | 4.38% Rental Yield

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850 Mallery St APT S1, Saint Simons Island, GA, 31522 | 4.38% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Simons Island at 850 Mallery St APT S1, Saint Simons Island, GA, 31522 listed at $525,000 pairs $1,917/mo rent with a $2,570/mo payment. Total monthly income runs $1,917/mo. Return on cash invested measures 8.12% in year one, and rental yield registers 4.38% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 40.58% and total cumulative return in cash totals $70,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,917/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1975

N/A lot

$N/A/sqft

$440 monthly HOA

More details about the property

Whether you are looking for a new place to call home or an investment, start with a fresh palate! This rare walk-in level 3 bedroom, 2 bathroom is being sold "As Is" with 12" x 12" glazed designer tile throughout the entire floorplan! Other features include large pantry in the kitchen and walk-in laundry room and a beautiful patio surrounded by lush landscaping.

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