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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 Midland at 6340 Shagbark Ln, Midland, GA, 31820 priced at $363,000 pairs $3,000/mo rent with $684/mo cash flow after a $1,777/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $8,207/yr on $120,335 invested. Return on cash invested is 26.73% in year one, and rental yield stands at 9.92% on a $363,000 basis. Equity gained on principal adds $2,342/yr, and 5% annual appreciation accumulates to $100,290 by year five. Five-year ROI measures 139.66% and total cumulative return in cash reaches $168,063. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,777/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31820, Midland, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,074 (100%) |
| Owner Occupied HU | 4,173 (82.2%) |
| Renter Occupied HU | 743 (14.6%) |
| Vacant Housing Units | 158 ( 3.1%) |
| Median Home Value | $349,156 |
| Average Home Value | $373,008 |
Residential
4,858
Single Family
4,858
Multi-Family
0
Businesses
184
Date | Event | Price |
|---|---|---|
| 2024-08-14 | Listed for sale | $363,000 |
| 2021-10-29 | Sold | $309,000 |
| 2021-09-15 | Pending sale | $309,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | N/A | N/A | $131,920 | 6.73% |
| 2022-10-17 | $4289.70 | N/A | $123,600 | N/A |
Listed by: Rena Mcmullen • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #214408
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.
