285 E. Main St, Forsyth, GA, 31029 | $273/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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285 E. Main St, Forsyth, GA, 31029 | $273/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Forsyth at 285 E. Main St, Forsyth, GA, 31029 generates $1,783/mo in rent and, after a $1,214/mo payment, leaves $273/mo in cash flow. Total monthly income is $1,783/mo, and annual cash flow is $3,282/yr on $82,212 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 8.63% on a $248,000 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 124.14% and total cumulative return in cash sums $102,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,783/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to a classic 1920 home overflowing with charm wide, welcoming porches, tall ceilings, and timeless craftsmanship. Set in the heart of Monroe County, this in-town gem delivers affordable living and easy access to Forsyth's shops, dining, and schools. The spacious lot offers room to roam under mature pecan trees perfect for morning coffee, play, gardens, and gatherings. Highlights 3 bedrooms * 1 bath * ~1,738 sq ft Inviting porches for true Southern living Large, usable lot with shade from beautiful pecan trees Home warranty included for peace of mind Flexible layout with multiple living/dining options Prime location near historic downtown & I-75 Why You'll Love It Character you can't recreate, outdoor space you'll actually use, and an in-town location that keeps life simple and affordable.

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