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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% |
Investment property for sale in Midway at 196 Richmond Pass Cir, Midway, GA, 31320 offers a 10.33% rental yield on a $359,000 purchase with $3,090/mo rent. Total monthly income registers $3,090/mo, and a $1,757/mo payment leaves $678/mo available for distribution. Annual cash flow reaches $8,134/yr on $119,009 to close, and return on cash invested stands at 26.74% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 140.18% and total cumulative return in cash at $166,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,090/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.26 Acres lot
$N/A/sqft
$35 monthly 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 |
|---|---|---|
| 2024-11-05 | Listed for sale | $359,000 |
| 2023-07-25 | Sold | $339,900 |
| 2023-06-28 | Pending sale | $334,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $5286.86 | 22.67% | $120,863 | 12.48% |
| 2022-01-08 | $4309.80 | N/A | $107,449 | N/A |
Listed by: The Boggs-jones Team • Boggs Realty
Mls Name: HABR
Mls ID: #158425
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.
