1135 Homer Wright RdEllijayGA30175
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1135 Homer Wright Rd, Ellijay, GA, 30175 in Ellijay is priced for appreciation, not yield. Rental yield 5.81%. At $729,500 with a 5.81% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $201,547 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.08) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $217,769.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 8.0% |
| Monthly Cash Flow | $(909) | $1,500 |
City averages based on Ellijay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,530 |
| Total Monthly Debt Service | $4,150 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2003
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30175, Talking Rock, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,026 (100%) |
| Owner Occupied HU | 2,251 (74.4%) |
| Renter Occupied HU | 457 (15.1%) |
| Vacant Housing Units | 318 (10.5%) |
| Median Home Value | $322,556 |
| Average Home Value | $376,225 |
Housing Distribution
Address Breakdown
Residential
2,935
Single Family
2,934
Multi-Family
1
Businesses
89
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 2003
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30175, Talking Rock, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,026 (100%) |
| Owner Occupied HU | 2,251 (74.4%) |
| Renter Occupied HU | 457 (15.1%) |
| Vacant Housing Units | 318 (10.5%) |
| Median Home Value | $322,556 |
| Average Home Value | $376,225 |
Housing Distribution
Address Breakdown
Residential
2,935
Single Family
2,934
Multi-Family
1
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices