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511 Forsyth St, Montezuma, GA, 31063

3beds
1baths
1,120sqft
$99,000
$88price/sqft
$1,138/moest. monthly cost
$45,520/yrincome needed

About This Home

Amazing investment opportunity in the heart of Montezuma with tenants in place, ensuring immediate income for the new owner. Situated on a spacious lot at the end of a quiet dead-end street, this home offers a large open concept living area with a renovated kitchen, stainless steel appliances, and a separate dining room. Hardwood floors run throughout the home, with new tile in the kitchen and bathroom. The lot offers plenty of space for kids and pets, as well as ample off-street parking. The current tenants would ideally like to stay in place, but are on a month-to-month lease, so can be given notice if the home is purchased by an owner-occupant.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

4/10
5/10
2/10
Macon County High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: ReSale
  • Year built: 1962

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Microwave,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Combo

Features

  • Window features: Blinds
  • Flooring: Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,120

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,120 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 4036E0014

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 0.39 Acres

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Drought
Hail
Hurricane
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Cold Wave

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $500$6,000
Home Insurance *$328$3,936
Property Taxes $91$1,092
Electricity $219$2,637
Total$1,138$13,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,017/yr
40% on housing$34,140/yr
45% on housing$30,346/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -8.5%
-8.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$88This listing

vs Other Active Listings

Avg $/sqft

ZIP 31063$106
Macon County$63

vs Homes Sold Last Month

Median $/sqft

ZIP 31063
Macon County$39

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Listed for sale$99,000
2026-04-01Listing removed$99,000
2026-02-13Price change$99,000
2025-10-22Price change$115,000
2025-09-04Listed for sale$125,000
2020-11-21Sold$6,000

For Sale by Agent

AgentAnnika Carter
BrokerageSHERIDAN SOLOMON & ASSOCIATES

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