333 W Main St, Forsyth, GA, 31029 | $370/mo Cash Flow

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333 W Main St, Forsyth, GA, 31029 | $370/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

Investment property for sale in Forsyth at 333 W Main St, Forsyth, GA, 31029 listed at $455,000 pairs $3,139/mo rent with a $2,227/mo payment to leave $370/mo cash flow. Total monthly income runs $3,139/mo, and annual cash flow reaches $4,437/yr on $150,833 cash to close. Return on cash invested measures 22.85% in year one, and rental yield registers 8.28% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 118.48% and total cumulative return in cash totals $178,708. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,139/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1950

0.78 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautiful brick ranch sits on .78 acres with a beautifully landscaped yard. The main level features an updated kitchen with SS appliances, a breakfast bar, granite countertops and double pantries. The foyer opens to a large bright living room with fireplace with gas logs and built in bookcases. Open to the living room is a spacious formal dining room, which has beautiful corner niches. The sunroom is currently serving as a large mud/laundry room or can serve as bright breakfast room or sitting area. (A second washer/dryer water & electrical connection is available on the main level in a laundry closet if desired). Also on the main level is a large primary bedroom & full bath, plus 2 additional spacious bedrooms and a full bath with walk-in shower with power sprayers. Upstairs includes a bright 4th bedroom suite with a full bath and a separate sitting area. All bedrooms can accommodate king size beds. Beautiful hardwoods are on the main and upper levels (except for tiles in the bathrooms and the sunroom). The partially finished basement offers lots of light and includes a utility 1/2 bath and a separate rear entrance. Outside is a detached workshop with separate breaker box allowing extra power to be added for larger power tools and accommodations for a window HVAC unit if desired. There are 4 covered parking spaces plus extra parking on driveway pad. The back yard is fenced, and a storage building remains with the property. A spacious patio area provides ample space for outdoor living. The property has a running stream across the wooded back of the property. Several upgrades have been recently added to the home, including a French drain system and updated dormers, and some new windows. (See Seller's Disclosure for details.) This home and property show beautifully and have been well-maintained. It is upgraded and move-in ready. Measurements and square footage are approximate; measure if you have questions. Some personal property pieces are available for purchase. See list of items and prices. Live only on the main level if you like. Everything you need is on the main level

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