9177 Garrett Lake DrMidlandGA31820
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 9177 Garrett Lake Dr, Midland, GA, 31820 in Midland delivers $2,158/mo in gross rent and $363/mo in net monthly income at a $294,900 entry. The 8.78% yield and 1.63 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $81,475 over five years and $2,716/yr in equity from loan paydown, total projected return is $135,093.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $363 | $300 |
City averages based on Midland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,158 |
| Total Monthly Debt Service | $1,677 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
N/A 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
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
Single Family
Built in 2005
N/A 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: Adam Sanders • Hughston Homes Marketing, LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #220945
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.