719 E 1st 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
Investment property for sale in Midway at 719 E 1st St, Midway, GA, 31320 listed at $560,000 pairs $2,516/mo rent with a $2,741/mo payment. Total monthly income runs $2,516/mo. Return on cash invested measures 13.83% in year one, and rental yield registers 5.39% at a $560,000 basis. Equity gained on principal adds $3,614/yr, and annual property appreciation at 5% supports $154,718 by year five. Five-year ROI tracks 70.2% and total cumulative return in cash totals $129,341. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,516/mo property income relative to a $2,741/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.25 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 |
|---|---|---|
| 2025-04-15 | Sold | $560,000 |
| 2025-04-09 | Pending sale | $590,000 |
| 2025-03-19 | Listed for sale | $590,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-25 | $5425.07 | 5.99% | $127,276 | 8.90% |
| 2023-09-25 | $5118.56 | 25.17% | $116,878 | 14.90% |
| 2022-09-25 | $4089.27 | 34.64% | $101,720 | 36.21% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1972
- Architectural Style: Ranch
- Building Area: N/A
- Living Area: 2,154 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric, Gas
- Cooling: Central Air, Electric
- Flooring: N/A
- Interior Features: Breakfast Area, Double Vanity, Main Level Primary, Primary Suite, Separate Shower
- Exterior Features: Dock, Patio
- Parking Features: Detached, Garage, Off Street, RearSideOff Street
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: Shared Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lynne B. Bayens • Re/Max Accent
Mls Name: Hive MLS
Mls Provider:
Mls ID: #314658
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