397 Ensign Rd, Forsyth, GA, 31029 | $136/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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397 Ensign Rd, Forsyth, GA, 31029 | $136/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 397 Ensign Rd, Forsyth, GA, 31029 uses $66,300 cash to close to unlock $1,628/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,353/mo, and a $979/mo payment keeps the spread at $136/mo. Purchase price stands at $200,000, and rental yield measures 8.12% with $1,353/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash records $76,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,353/mo property income covering a $979/mo payment rather than investor’s personal income.

Manufactured

Built in 1986

2.81 Acres lot

$N/A/sqft

No HOA

More details about the property

397 Ensign Road, Forsyth, GA - Endless Possibilities Await! Calling all Investors /Cash Buyers/ Rental Portfolios. This 4-bedroom home sits on a flat, peaceful lot on one of Forsyth's most desirable streets complete with a horseshoe driveway for easy access and extra parking. You'll love the quiet setting, close to the pickleball courts and all the charm Forsyth has to offer. Loved and cared for by the same family for over 25 years, this home is filled with warmth and memories now ready for its next chapter. Enjoy the spacious back deck for relaxing or entertaining, and take advantage of plenty of storage options throughout. With a little TLC, you can transform this gem into your dream home or a fantastic investment opportunity. The owners have moved to the mountains, leaving this special property ready for someone new to make it shine again. Bring your imagination and your cash offer and make 397 Ensign Road your next great adventure!

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