152 Rivers Edge DrForsythGA31029
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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
Rental property for sale in Forsyth at 152 Rivers Edge Dr, Forsyth, GA, 31029 offers $3,805/mo rent that, after a $3,128/mo payment. Total monthly income is $3,805/mo. Return on cash invested measures 19.58% in year one, and rental yield stands at 7.15% at a $639,000 entry. Equity gained on principal adds $4,123/yr while 5% annual appreciation compounds into $176,544 by year five. Five-year ROI records 100.9% and total cumulative return in cash reaches $212,128. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,805/mo property income versus a $3,128/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31029, Forsyth, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,057
Single Family
6,888
Multi-Family
169
Businesses
671
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Listed by: Christy Barnard • WATKINS REAL ESTATE ASSOCIATES
Mls Name: CGMLS
Mls ID: #252688
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.