Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 261 Alder Pass, Midway, GA, 31320 generates $2,527/mo in rent and, after a $1,501/mo payment, leaves $606/mo in cash flow. Total monthly income is $2,527/mo, and annual cash flow is $7,268/yr on $101,638 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 9.89% on a $306,600 entry. Equity gained on principal adds $1,978/yr, while 5% annual appreciation builds toward $84,708 over five years. Five-year ROI reaches 141.3% and total cumulative return in cash sums $143,612. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,527/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$55 monthly 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 |
|---|---|---|
| 2024-07-01 | Listed for sale | $306,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Susan Ayers • Clickit Realty
Mls Name: HABR
Mls ID: #155079
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.
