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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 12 Lambert Ct, Midway, GA, 31320 priced at $425,000 pairs $3,090/mo rent with $504/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,090/mo, and annual cash flow comes to $6,042/yr on $140,888 invested. Return on cash invested is 24.2% in year one, and rental yield stands at 8.72% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 125.71% and total cumulative return in cash reaches $177,113. For financing, Ziffy Mortgage’s DSCR program evaluates $3,090/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.41 Acres 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 |
|---|---|---|
| 2024-09-03 | Price change | $425,000 |
| 2024-08-29 | Price change | $450,000 |
| 2022-01-12 | Pending sale | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $3172.45 | -34.43% | $188,766 | 51.77% |
| 2022-09-15 | $4838.15 | 14.60% | $124,377 | 14.34% |
| 2021-09-15 | $4221.60 | 12.22% | $108,778 | 9.83% |
Listed by: Yolanda Owens • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319041
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.
