654 Forsyth StMonticelloGA31064
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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
Investment property for sale in Monticello at 654 Forsyth St, Monticello, GA, 31064 uses $89,174 cash to close to unlock $4,301/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $1,996/mo, and a $1,317/mo payment keeps the spread at $358/mo. Purchase price stands at $269,000, and rental yield measures 8.9% with $1,996/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 128.59% and total cumulative return in cash records $114,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,996/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1901
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 3,347 (71.4%) |
| Renter Occupied HU | 738 (15.7%) |
| Vacant Housing Units | 605 (12.9%) |
| Median Home Value | $265,837 |
| Average Home Value | $298,068 |
Housing Distribution
Address Breakdown
Residential
4,374
Single Family
4,364
Multi-Family
10
Businesses
283
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Listed by: Ashley Hunt • Madison Realty Inc
Mls Name: LCBOR
Mls Provider:
Mls ID: #65851
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.