24 Mimosa StMidwayGA31320
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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 24 Mimosa St, Midway, GA, 31320 priced at $229,900 pairs $1,872/mo rent with $473/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,872/mo, and annual cash flow comes to $5,676/yr on $76,212 invested. Return on cash invested is 27.36% in year one, and rental yield stands at 9.77% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 142.72% and total cumulative return in cash reaches $108,767. For financing, Ziffy Mortgage’s DSCR program evaluates $1,872/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.52 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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Listed by: Tracie Tomlinson • Mcintosh Realty Team, LLC
Mls Name: HABR
Mls ID: #160649
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.