105 Solomon DrEllenwoodGA30294
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 105 Solomon Dr, Ellenwood, GA, 30294 in Ellenwood. Priced at $304,900, it generates $2,748/mo in gross rent and $892/mo in net monthly cash flow, a 10.82% yield that comfortably supports the 2.00 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,708. Five-year appreciation: $84,238. Equity from principal paydown: $2,808/yr. Total projected cumulative return: $172,913.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $892 | $1,200 |
City averages based on Ellenwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,748 |
| Total Monthly Debt Service | $1,734 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30294, Ellenwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,237 (100%) |
| Owner Occupied HU | 11,663 (76.5%) |
| Renter Occupied HU | 2,964 (19.5%) |
| Vacant Housing Units | 610 ( 4.0%) |
| Median Home Value | $291,468 |
| Average Home Value | $354,414 |
Housing Distribution
Address Breakdown
Residential
15,511
Single Family
14,965
Multi-Family
546
Businesses
548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1998
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30294, Ellenwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,237 (100%) |
| Owner Occupied HU | 11,663 (76.5%) |
| Renter Occupied HU | 2,964 (19.5%) |
| Vacant Housing Units | 610 ( 4.0%) |
| Median Home Value | $291,468 |
| Average Home Value | $354,414 |
Housing Distribution
Address Breakdown
Residential
15,511
Single Family
14,965
Multi-Family
546
Businesses
548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices