609 River OverlookForsythGA31029
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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 609 River Overlook, Forsyth, GA, 31029 priced at $1,091,600 pairs $5,648/mo rent with after a $5,343/mo payment. Total monthly income equals $5,648/mo. Return on cash invested is 15.78% in year one, and rental yield stands at 6.21% on a $1,091,600 basis. Equity gained on principal adds $7,044/yr, and 5% annual appreciation accumulates to $301,589 by year five. Five-year ROI measures 80.91% and total cumulative return in cash reaches $286,162. For financing, Ziffy Mortgage’s DSCR program evaluates $5,648/mo property income against a $5,343/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
1.01 Acres lot
$N/A/sqft
$83 monthly 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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