196 Craig RdForsythGA31029
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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
Investment property for sale in Forsyth at 196 Craig Rd, Forsyth, GA, 31029 at $119,900 posts ROI 25.05% with $170/mo cash flow from $900/mo rent. Total monthly income equals $900/mo, and annual cash flow records $2,041/yr on $39,747 to close. Return on cash invested measures 25.05% and rental yield reads 9.01% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 130.36% and total cumulative return in cash totals $51,816.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2000
5 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: Martie Brown • SouthSide, Realtors
Mls Name: MGMLS
Mls Provider:
Mls ID: #181163
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