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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 Forsyth at 251 Preakness Way, Forsyth, GA, 31029 at $849,000 posts ROI 15.34% with from $4,067/mo rent. Total monthly income equals $4,067/mo. Return on cash invested measures 15.34% and rental yield reads 5.75% at the current $849,000. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 by year five. Five-year ROI prints 78.15% and total cumulative return in cash totals $218,300. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,067/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
1.55 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 |
|---|---|---|
| 2024-11-15 | Listed for sale | $849,000 |
| 2024-08-15 | Listing removed | $869,000 |
| 2024-06-03 | Listed for sale | $869,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $320.54 | 4.22% | $11,360 | N/A |
| 2022-02-16 | $307.56 | 55.00% | $11,360 | 60.45% |
| 2021-02-16 | $198.43 | 61.90% | $7,080 | 66.98% |
What's Special
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Listed by: Kerri Swearingen • Connie R. Ham Middle Ga Realty, Inc
Mls Name: MGMLS
Mls Provider:
Mls ID: #177364
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