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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 1298 Wilkins Rd, Midway, GA, 31320 offers $2,692/mo rent that, after a $1,370/mo payment, leaves $958/mo cash flow. Total monthly income is $2,692/mo, and annual cash flow is $11,500/yr on $92,820 cash. Return on cash invested measures 32.3% in year one, and rental yield stands at 11.54% at a $279,999 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 169.32% and total cumulative return in cash reaches $157,160. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,692/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
1.02 Acres lot
$N/A/sqft
$360 annually 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 |
|---|---|---|
| 2025-02-11 | Price change | $279,999 |
| 2025-01-03 | Price change | $285,000 |
| 2024-12-11 | Price change | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Sharon E. Black • Sharon Black Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #321867
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.
