415 Forest Pointe DrForsythGA31029
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 415 Forest Pointe Dr, Forsyth, GA, 31029 in Forsyth earns a 8.6% gross yield at $305,000. Rent of $2,186/mo nets $238/mo after the $1,371/mo mortgage. The 1.59 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $84,266 and $2,809/yr in equity accumulation project a total cumulative return of $131,270.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $238 | $300 |
City averages based on Forsyth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,186 |
| Total Monthly Debt Service | $1,827 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
2.06 Acres lot
$N/A/sqft
$1,100 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
2.06 Acres lot
$N/A/sqft
$1,100 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Zwitch • GILES REALTY LLC
Mls Name: CGMLS
Mls ID: #255795
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.