1098 Limerick RdMidwayGA31320
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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
Investment property for sale in Midway at 1098 Limerick Rd, Midway, GA, 31320 listed at $339,250 pairs $2,315/mo rent with a $1,660/mo payment to leave $246/mo cash flow. Total monthly income runs $2,315/mo, and annual cash flow reaches $2,951/yr on $112,461 cash to close. Return on cash invested measures 22.53% in year one, and rental yield registers 8.19% at a $339,250 basis. Equity gained on principal adds $2,189/yr, and annual property appreciation at 5% supports $93,729 by year five. Five-year ROI tracks 116.8% and total cumulative return in cash totals $131,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,315/mo property income relative to a $1,660/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31320, Midway, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,724 (100%) |
| Owner Occupied HU | 3,208 (67.9%) |
| Renter Occupied HU | 890 (18.8%) |
| Vacant Housing Units | 626 (13.3%) |
| Median Home Value | $272,681 |
| Average Home Value | $292,094 |
Housing Distribution
Address Breakdown
Residential
4,564
Single Family
4,441
Multi-Family
123
Businesses
177
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Listed by: David Johnson • Exp Realty LLC
Mls Name: HABR
Mls ID: #160570
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.