








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Forsyth at 1190 Josey Rd, Forsyth, GA, 31029 uses $155,805 cash to close to unlock $20,459/yr annual cash flow and $1,705/mo monthly cash flow. Total monthly income runs $4,565/mo, and a $2,300/mo payment keeps the spread at $1,705/mo. Purchase price stands at $470,000, and rental yield measures 11.66% with $4,565/mo rent. Return on cash invested shows 33.04% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 173.11% and total cumulative return in cash records $269,709. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,565/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31029, Forsyth, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,331 (100%) |
| Owner Occupied HU | 5,257 (71.7%) |
| Renter Occupied HU | 1,601 (21.8%) |
| Vacant Housing Units | 473 ( 6.5%) |
| Median Home Value | $270,286 |
| Average Home Value | $308,842 |
Residential
7,057
Single Family
6,888
Multi-Family
169
Businesses
671
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Price change | $470,000 |
| 2024-08-12 | Price change | $489,000 |
| 2024-07-18 | Price change | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ceirra Johnson • SAY YES TO THE ADDRESS
Mls Name: CGMLS
Mls ID: #243908
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.