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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% |
Rental property for sale in Jekyll Island at 9 Magee Ave, Jekyll Island, GA, 31527 priced at $612,500 pairs $2,400/mo rent with after a $2,998/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 12.15% in year one, and rental yield stands at 4.7% on a $612,500 basis. Equity gained on principal adds $3,952/yr, and 5% annual appreciation accumulates to $169,222 by year five. Five-year ROI measures 61.1% and total cumulative return in cash reaches $123,120. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $2,998/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31527, Jekyll Island, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 847 (100%) |
| Owner Occupied HU | 378 (44.6%) |
| Renter Occupied HU | 112 (13.2%) |
| Vacant Housing Units | 357 (42.1%) |
| Median Home Value | $542,929 |
| Average Home Value | $553,406 |
Residential
926
Single Family
926
Multi-Family
0
Businesses
104
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Sold | $612,500 |
| 2025-03-13 | Pending sale | $699,950 |
| 2024-11-25 | Listed for sale | $699,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-06 | $172.70 | -33.12% | $230,480 | 19.52% |
| 2022-07-06 | $258.23 | -7.50% | $192,840 | 19.33% |
| 2021-07-06 | $279.17 | N/A | $161,600 | N/A |
What's Special
Pull Down Stairs
Listed by: Wendy Cook • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1650451
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.
