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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% |
Rental property for sale in Midway at 2445 Islands Hwy, Midway, GA, 31320 offers $2,165/mo rent that, after a $2,203/mo payment. Total monthly income is $2,165/mo. Return on cash invested measures 14.14% in year one, and rental yield stands at 5.77% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 72.22% and total cumulative return in cash reaches $107,730. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,165/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2023-11-29 | Listed for sale | $450,000 |
| 2023-11-20 | Listing removed | N/A |
| 2023-10-26 | Price change | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $5445.06 | 28.36% | $128,929 | 17.00% |
| 2022-10-16 | $4241.88 | -1.11% | $110,199 | -1.49% |
| 2021-10-16 | $4289.50 | 1.49% | $111,866 | -0.74% |
Listed by: Aaron E. Hoffman • Seaport Real Estate Group
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #300155
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.
