2022 Luke RoadMidwayGA31320
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2022 Luke Road, Midway, GA, 31320 in Midway earns its strong cash-flow label: 10.32% yield, $2,754/mo rent, $805/mo net income, DSCR 1.91. The $320,250 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $88,479 by year five. Combined with $2,950/yr in principal paydown, total projected return reaches $173,106.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.0% |
| Monthly Cash Flow | $805 | $400 |
City averages based on Midway market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,754 |
| Total Monthly Debt Service | $1,822 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
1.04 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
1.04 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices