274 Buckingham DrMidwayGA31320
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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 274 Buckingham Dr, Midway, GA, 31320 priced at $276,900 converts $2,400/mo rent into $660/mo cash flow after a $1,355/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $7,920/yr on $91,792 invested. Return on cash invested prints 28.54% in year one, and rental yield reads 10.4% against a $276,900 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation compiles into $76,502 by year five. Five-year ROI reaches 149.29% and total cumulative return in cash sums $137,035. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,355/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
$55 monthly 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: Susan Ayers • Clickit Realty
Mls Name: HABR
Mls ID: #155790
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.