156 1st StMidwayGA31320
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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 Midway at 156 1st St, Midway, GA, 31320 priced at $225,000 pairs $2,080/mo rent with $637/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,080/mo, and annual cash flow comes to $7,644/yr on $74,588 invested. Return on cash invested is 30.16% in year one, and rental yield stands at 11.09% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 158.08% and total cumulative return in cash reaches $117,909. For financing, Ziffy Mortgage’s DSCR program evaluates $2,080/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.50 Acres lot
$N/A/sqft
$225 annually 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: Leslie Schadler • Realty One Group Inclusion
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319474
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.