50 Vining StForsythGA31029
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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 50 Vining St, Forsyth, GA, 31029 priced at $114,900 converts $920/mo rent into $221/mo cash flow after a $562/mo obligation. Total monthly income equals $920/mo, and annual cash flow totals $2,653/yr on $38,089 invested. Return on cash invested prints 26.87% in year one, and rental yield reads 9.61% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 140.2% and total cumulative return in cash sums $53,402. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $920/mo property income covering a $562/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.64 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: Beverly Savage • Connie R. Ham Middle Ga Realty, Inc
Mls Name: MGMLS
Mls Provider:
Mls ID: #178903
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