260 W 1st StMidwayGA31320
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
Investment Highlights
Investment property for sale in Midway at 260 W 1st St, Midway, GA, 31320 uses $74,587 cash to close to unlock $2,579/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,584/mo, and a $1,101/mo payment keeps the spread at $215/mo. Purchase price stands at $224,997, and rental yield measures 8.45% with $1,584/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 121.24% and total cumulative return in cash records $90,428. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,584/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices