674 Stokes Store 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 674 Stokes Store Rd, Forsyth, GA, 31029 priced at $250,000 converts $1,900/mo rent into $378/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,900/mo, and annual cash flow totals $4,537/yr on $82,875 invested. Return on cash invested prints 25.38% in year one, and rental yield reads 9.12% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 132.11% and total cumulative return in cash sums $109,486. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,900/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
3.03 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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