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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% |
Rental property for sale in Forsyth at 310 Preakness Way, Forsyth, GA, 31029 priced at $809,900 pairs $4,463/mo rent with after a $3,964/mo payment. Total monthly income equals $4,463/mo. Return on cash invested is 17.7% in year one, and rental yield stands at 6.61% on a $809,900 basis. Equity gained on principal adds $5,226/yr, and 5% annual appreciation accumulates to $223,760 by year five. Five-year ROI measures 90.91% and total cumulative return in cash reaches $242,240. For financing, Ziffy Mortgage’s DSCR program evaluates $4,463/mo property income against a $3,964/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
2.18 Acres lot
$N/A/sqft
$700 annually 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 |
|---|---|---|
| 2025-06-27 | Listed for sale | $809,900 |
| 2021-05-26 | Listing removed | N/A |
| 2021-01-20 | Sold | $520,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $5317.63 | -4.26% | $208,840 | N/A |
| 2023-06-27 | $5554.04 | 4.66% | $208,840 | N/A |
| 2022-06-27 | $5306.50 | -9.34% | $208,840 | N/A |
Listed by: Brande L. Smith • Market South Properties Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10552400
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 2025 GAMLS. All rights reserved.
