83 Old Indian Springs 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
Investment property for sale in Forsyth at 83 Old Indian Springs Rd, Forsyth, GA, 31029 earns $140/mo cash flow from $1,753/mo rent with a $1,297/mo payment. Total monthly income totals $1,753/mo, and annual cash flow totals $1,683/yr on $87,848 capital. ROI tracks 21.82% on current figures, and rental yield reads 7.94% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 113.03% and total cumulative return in cash sums $99,291. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,753/mo property income instead of your personal income.
Manufactured
Built in 2023
4 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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