Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 237 Mitchell Rd, Forsyth, GA, 31029 listed at $599,000 pairs $2,810/mo rent with a $2,932/mo payment. Total monthly income runs $2,810/mo. Return on cash invested measures 14.97% in year one, and rental yield registers 5.63% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 76.2% and total cumulative return in cash totals $150,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,810/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
10.30 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 |
|---|---|---|
| 2024-10-03 | Price change | $599,000 |
| 2024-09-20 | Price change | $605,000 |
| 2024-09-01 | Price change | $614,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2329.51 | 70.18% | $82,560 | N/A |
| 2022-10-15 | $1368.86 | -3.40% | $82,560 | N/A |
| 2021-10-15 | $1417.05 | -3.22% | $82,560 | N/A |
Listed by: Taryn McLaughlin • RE/MAX SOUTHERN
Mls Name: GAMLS
Mls Provider:
Mls ID: #10343818
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
