178 Manchester CtMidwayGA31320
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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
Investment property for sale in Midway at 178 Manchester Ct, Midway, GA, 31320 uses $102,434 cash to close to unlock $616/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $2,101/mo, and a $1,512/mo payment keeps the spread at $51/mo. Purchase price stands at $309,000, and rental yield measures 8.16% with $2,101/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 106.68% and total cumulative return in cash records $109,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,101/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 2012
8,712 sqft lot
$N/A/sqft
$25 monthly 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: Maureen Bryant • Re/Max Accent
Mls Name: HABR
Mls ID: #160247
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.