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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Forsyth at 1320 Charles Johnson Rd, Forsyth, GA, 31029 offers $2,338/mo rent that, after a $1,640/mo payment, leaves $299/mo cash flow. Total monthly income is $2,338/mo, and annual cash flow is $3,585/yr on $111,053 cash. Return on cash invested measures 23.14% in year one, and rental yield stands at 8.37% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 120.03% and total cumulative return in cash reaches $133,292. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,338/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.92 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 |
|---|---|---|
| 2025-01-28 | Listed for sale | $335,000 |
| 2025-01-20 | Pending sale | $335,000 |
| 2024-11-23 | Price change | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1637.65 | 4.22% | $70,040 | N/A |
| 2022-02-16 | $1571.37 | -3.40% | $70,040 | N/A |
| 2021-02-16 | $1626.69 | -3.22% | $70,040 | N/A |
Listed by: Christine Smith • CONNIE R. HAM MIDDLE GA. REALTY
Mls Name: CGMLS
Mls ID: #247080
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.
