$245,000 · FORSYTH, GA 31029
Tight for flippers

Available

$245,000Asking price

5 bd · 2 ba · 2,475 sq ft · built 1890

FORSYTH, GA 31029

Contract on file

via InvestorLift Classic

Listed Nov 2

Tight for flippers

The Numbers

Sells for (ARV)From the listing: $350,000
Asking price: −$245,000
RepairsMiddle of our estimate, $29,500 – $62,000: −$45,750
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$26,796
Profit9.3% of ARV · flippers want 10%+: $32,454
Tight

Works for a flipper at $242,000 or less.

4KEYS LLC

Jess Ramsey

No reviews yet

Comps

ARV $350,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $304,000.

The sales behind this value are shown to members.

ARV $350,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

4KEYS LLC

Jess Ramsey

No reviews yet

Seller Description

Check out this property at 241 W Main St, Forsyth, GA 31029, offered at a $240K wholesale price with a $220K under-contract price and an estimated $350K ARV. This single-family home features 5 bedrooms, 2 bathrooms, 3,512 sqft, and a 0.46-acre lot.

Located just a short walk from the downtown square, the home features high-quality trim throughout, reportedly remodeled interiors, central AC, and an attached 2-car garage. Conventional financing is available.

A nearby comparable at 275 W Main St sold for $325K and is approximately 1,000 sqft smaller. 2025 property taxes are approximately $814–$815. Repair costs are TBD and require inspection.