22 Veranda TrlMidwayGA31320
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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 22 Veranda Trl, Midway, GA, 31320 priced at $379,900 converts $2,505/mo rent into $193/mo cash flow after a $1,859/mo obligation. Total monthly income equals $2,505/mo, and annual cash flow totals $2,319/yr on $125,937 invested. Return on cash invested prints 21.75% in year one, and rental yield reads 7.91% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 112.6% and total cumulative return in cash sums $141,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,505/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.82 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-05 | Listed for sale | $379,900 |
| 2022-02-08 | Sold | $305,000 |
| 2021-12-03 | Contingent | $315,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-15 | $53.04 | -98.78% | $135,166 | 20.93% |
| 2022-04-15 | $4353.10 | 14.77% | $111,776 | 14.52% |
| 2021-04-15 | $3792.99 | 13.97% | $97,600 | 11.57% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2016
- Architectural Style: Traditional
- Building Area: 2,898
- Living Area: 2,898 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: Pantry, Shelving, Dining/Kitchen Combo, Eat-in Kitchen, Formal Dining Room
- Exterior Features: None
- Parking Features: Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Liberty Elementary
- Middle School: Midway Middle
- High School: Liberty County High
Listed by: Toria Wallace • Rawls Realty, Inc.
Mls Name: HABR
Mls ID: #160013
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.