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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% |
Rental property for sale in Midway at 45 Katelynn Ln, Midway, GA, 31320 priced at $250,000 pairs $3,090/mo rent with $1,519/mo cash flow after a $1,224/mo payment. Total monthly income equals $3,090/mo, and annual cash flow comes to $18,227/yr on $82,875 invested. Return on cash invested is 41.9% in year one, and rental yield stands at 14.83% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 220.9% and total cumulative return in cash reaches $183,070. For financing, Ziffy Mortgage’s DSCR program evaluates $3,090/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-19 | Price change | $250,000 |
| 2024-12-04 | Price change | $260,000 |
| 2024-11-14 | Listed for sale | $272,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $2664.65 | 38.12% | $81,887 | 18.54% |
| 2022-01-08 | $1929.20 | 13.65% | $69,080 | 8.93% |
| 2021-01-08 | $1697.46 | 1.42% | $63,415 | -0.90% |
Listed by: Jessica Arledge • Keller Williams Realty Coastal Area Partners
Mls Name: HABR
Mls ID: #158549
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.
