408 Thomas 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 408 Thomas Dr, Midway, GA, 31320 at $140,000 posts ROI 25.39% with $212/mo cash flow from $1,064/mo rent. Total monthly income equals $1,064/mo, and annual cash flow records $2,546/yr on $46,410 to close. Return on cash invested measures 25.39% and rental yield reads 9.12% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 132.23% and total cumulative return in cash totals $61,366.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,064/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1992
0.98 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
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