8108 Garrett Pines DrMidlandGA31820
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Midland at 8108 Garrett Pines Dr, Midland, GA, 31820 priced at $360,000 pairs $2,338/mo rent with $5/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,338/mo, and annual cash flow comes to $61/yr on $119,340 invested. Return on cash invested is 19.96% in year one, and rental yield stands at 7.79% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 103.54% and total cumulative return in cash reaches $123,561. For financing, Ziffy Mortgage’s DSCR program evaluates $2,338/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melinda Bush • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #220675
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.