445 Main StMidwayGA31320
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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 445 Main St, Midway, GA, 31320 offers $3,090/mo rent that, after a $3,793/mo payment. Total monthly income is $3,090/mo. Return on cash invested measures 12% in year one, and rental yield stands at 4.78% at a $775,000 entry. Equity gained on principal adds $5,001/yr while 5% annual appreciation compounds into $214,118 by year five. Five-year ROI records 60.41% and total cumulative return in cash reaches $154,039. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,090/mo property income versus a $3,793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.50 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-29 | Listed for sale | $775,000 |
| 2025-03-01 | Listing removed | $145,777 |
| 2025-01-13 | Price change | $145,777 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-31 | $7465.49 | 25.81% | $172,449 | 15.24% |
| 2022-03-31 | $5933.81 | 27.09% | $149,639 | 27.65% |
| 2021-03-31 | $4668.94 | 5.06% | $117,230 | 2.71% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2004
- Architectural Style: Low Country
- Building Area: 3,206
- Living Area: 3,206 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: Dining/Kitchen Combo, Dining/Living Combo
- Exterior Features: Dock
- Parking Features: Carport
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Community Water
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Ryan Feller • Veterans Realty LLC
Mls Name: HABR
Mls ID: #159916
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.