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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 Midway at 116 Gloucester Dr, Midway, GA, 31320 priced at $250,000 pairs $1,751/mo rent with $202/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,751/mo, and annual cash flow comes to $2,421/yr on $82,875 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.4% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 118.51% and total cumulative return in cash reaches $98,218. For financing, Ziffy Mortgage’s DSCR program evaluates $1,751/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31320, Midway, GA area.
| 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 |
Residential
4,564
Single Family
4,441
Multi-Family
123
Businesses
177
Date | Event | Price |
|---|---|---|
| 2025-08-05 | Sold | $250,000 |
| 2025-07-03 | Pending sale | $250,000 |
| 2025-06-17 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $2403.21 | -25.00% | $83,104 | 11.38% |
| 2023-10-29 | $3204.09 | 29.53% | $74,611 | 18.52% |
| 2022-10-29 | $2473.65 | 17.19% | $62,950 | 17.16% |
What's Special
Pull Down Stairs
Listed by: Karyn Thomas • Keller Williams Realty Coastal Area Partners
Mls Name: HABR
Mls ID: #160933
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.
