369 Abares RdForsythGA31029
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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
Investment Highlights
Rental property for sale in Forsyth at 369 Abares Rd, Forsyth, GA, 31029 offers $2,947/mo rent that, after a $3,500/mo payment. Total monthly income is $2,947/mo. Return on cash invested measures 12.89% in year one, and rental yield stands at 4.95% at a $715,000 entry. Equity gained on principal adds $4,614/yr while 5% annual appreciation compounds into $197,541 by year five. Five-year ROI records 65.04% and total cumulative return in cash reaches $152,997. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,947/mo property income versus a $3,500/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
22.32 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,057
Single Family
6,888
Multi-Family
169
Businesses
671
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