115 Wood StCorneliaGA30531
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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 Cornelia at 115 Wood St, Cornelia, GA, 30531 at $249,300 posts ROI 22.13% with $153/mo cash flow from $1,670/mo rent. Total monthly income equals $1,670/mo, and annual cash flow records $1,835/yr on $82,643 to close. Return on cash invested measures 22.13% and rental yield reads 8.04% at the current $249,300. Equity gained on principal adds $1,609/yr, and 5% annual appreciation supports $68,877 by year five. Five-year ROI prints 114.6% and total cumulative return in cash totals $94,710.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,670/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30531, Cornelia, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,866 (100%) |
| Owner Occupied HU | 2,884 (59.3%) |
| Renter Occupied HU | 1,495 (30.7%) |
| Vacant Housing Units | 487 (10.0%) |
| Median Home Value | $245,546 |
| Average Home Value | $290,388 |
Housing Distribution
Address Breakdown
Residential
4,760
Single Family
4,585
Multi-Family
175
Businesses
616
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