7988 Westlake DrMidlandGA31820
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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 Midland at 7988 Westlake Dr, Midland, GA, 31820 uses $101,074 cash to close to unlock $4,124/yr annual cash flow and $344/mo monthly cash flow. Total monthly income runs $2,199/mo, and a $1,492/mo payment keeps the spread at $344/mo. Purchase price stands at $304,900, and rental yield measures 8.65% with $2,199/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 124.59% and total cumulative return in cash records $125,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,199/mo property income covering a $1,492/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31820, Midland, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,858
Single Family
4,858
Multi-Family
0
Businesses
184
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