357 Wild Heron 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
Investment property for sale in Midway at 357 Wild Heron Dr, Midway, GA, 31320 uses $46,410 cash to close to unlock $2,293/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,070/mo, and a $685/mo payment keeps the spread at $191/mo. Purchase price stands at $140,000, and rental yield measures 9.17% with $1,070/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 129.54% and total cumulative return in cash records $60,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,070/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
0.81 Acres lot
$N/A/sqft
$325 annually 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: Richard E. Bodaford • Bodaford Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #330059
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.