175 Old Sikes RoadMidwayGA31320
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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 175 Old Sikes Road, Midway, GA, 31320 priced at $418,000 converts $2,873/mo rent into $329/mo cash flow after a $2,046/mo obligation. Total monthly income equals $2,873/mo, and annual cash flow totals $3,947/yr on $138,567 invested. Return on cash invested prints 22.76% in year one, and rental yield reads 8.25% against a $418,000 entry. Equity gained on principal adds $2,697/yr, while 5% annual appreciation compiles into $115,486 by year five. Five-year ROI reaches 117.98% and total cumulative return in cash sums $163,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,873/mo property income covering a $2,046/mo payment, not borrower’s personal income.
Single Family
Built in 2016
1.43 Acres lot
$N/A/sqft
No 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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