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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% |
Investment property for sale in Fortson at 177 Richardson Rd, Fortson, GA, 31808 with 5% annual appreciation on a $410,000 basis while $2,400/mo rent supports operations. 86% in year one. Equity gained on principal adds $2,646/yr, and five-year appreciation sums $113,275 alongside rental yield of 7.02%. Five-year ROI measures 97.18% and total cumulative return in cash totals $132,083. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $2,007/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31808, Fortson, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,521 (100%) |
| Owner Occupied HU | 2,582 (73.3%) |
| Renter Occupied HU | 708 (20.1%) |
| Vacant Housing Units | 231 ( 6.6%) |
| Median Home Value | $337,020 |
| Average Home Value | $390,841 |
Residential
3,568
Single Family
3,280
Multi-Family
288
Businesses
375
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $410,000 |
| 2021-04-29 | Sold | $332,000 |
| 2021-03-16 | Pending sale | $324,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $3676.60 | 0.22% | $132,467 | 0.23% |
| 2022-04-14 | $3668.59 | 4.70% | $132,166 | 5.53% |
| 2021-04-14 | $3504.05 | 25.96% | $125,239 | 21.79% |
Listed by: Tanja Cady • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220494
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.
