518 River Overlook, Forsyth, GA, 31029 | 7.02% Rental Yield

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518 River Overlook, Forsyth, GA, 31029 | 7.02% Rental Yield | 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 518 River Overlook, Forsyth, GA, 31029 with 5% annual appreciation on a $874,000 basis while $5,114/mo rent supports operations. 2% in year one. Equity gained on principal adds $5,640/yr, and five-year appreciation sums $241,470 alongside rental yield of 7.02%. Five-year ROI measures 98.88% and total cumulative return in cash totals $284,337. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,114/mo property income versus a $4,278/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2005

1.63 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in The Cliffs at River Forest with a stream that feeds the Little Toweliga River and next to the 17th tee, this 5 bedroom, 4.5 bath home sits on over 1.5 Acres. Its spacious (roughly 6000 sf!), but still boasts intimate sitting and relaxing spaces, a media room, a game room with dry bar, and 2 kitchens. The view is beautiful to the lake, 16th green, and the covered bridge, but we couldn't escape the appeal of the multi level covered decks that offer unparalleled serenity and privacy while listening to the water as it danced over the rocks in the stream below. The community features a manned gated entry, clubhouse with bar and dining, professional 18 hole golf course, 2 swimming pools, tennis courts, soccer field, and more. There is an equestrian center and RV/Boat storage available. 30 minutes from Macon and roughly 30 minutes south of Atlanta, off the Johnstonville Rd exit in North Forsyth, the location is excellent for those who want the best of both worlds. Based on a report in February 2025, the school system was ranked 11th among all districts in Georgia and 1st among all districts in the Macon area. SELLER IS RELATED TO LISTING BROKER.

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