419 James Madison 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 419 James Madison Rd, Forsyth, GA, 31029 priced at $299,000 converts $2,091/mo rent into $272/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,091/mo, and annual cash flow totals $3,260/yr on $99,119 invested. Return on cash invested prints 23.2% in year one, and rental yield reads 8.39% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 120.34% and total cumulative return in cash sums $119,278. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,091/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 2010
0.34 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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Listed by: Christine Smith • CONNIE R. HAM MIDDLE GA. REALTY
Mls Name: CGMLS
Mls ID: #253030
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.