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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 165 Sunshine Lake Rd, Midway, GA, 31320 priced at $419,000 converts $2,400/mo rent into after a $2,051/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 16.71% in year one, and rental yield reads 6.87% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 86.24% and total cumulative return in cash sums $119,789. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $2,051/mo payment, not borrower’s personal income.
Single Family
Built in 2002
1.13 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 |
|---|---|---|
| 2024-11-11 | Price change | $419,000 |
| 2024-08-29 | Price change | $429,999 |
| 2024-08-10 | Price change | $440,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $6116.86 | 30.18% | $140,516 | 19.53% |
| 2022-01-08 | $4698.77 | 30.63% | $117,554 | 31.68% |
| 2021-01-08 | $3596.94 | 1.50% | $89,273 | -0.95% |
Listed by: Juanita Lowery • Keller Williams Realty Coastal Area Partners
Mls Name: HABR
Mls ID: #156143
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.
