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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% |
Investment property for sale in Midway at 32 Alder Pass, Midway, GA, 31320 offers a 9.97% rental yield on a $371,800 purchase with $3,090/mo rent. Total monthly income registers $3,090/mo, and a $1,820/mo payment leaves $772/mo available for distribution. Annual cash flow reaches $9,263/yr on $123,252 to close, and return on cash invested stands at 27.42% in year one. Equity gained on principal adds $2,399/yr while 5% annual appreciation supports $102,721 over five years. Portfolio math shows five-year ROI at 143.19% and total cumulative return in cash at $176,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,090/mo property income against a $1,820/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$660 annually 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 |
|---|---|---|
| 2024-08-21 | Listed for sale | $371,800 |
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: #155643
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.
