9 Magee AveJekyll IslandGA31527
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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
Investment Highlights
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
Neighborhood data shown for ZIP Code: 31527, Jekyll Island, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
926
Single Family
926
Multi-Family
0
Businesses
104
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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.