1505 Korona CtWoodstockGA30188
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1505 Korona Ct, Woodstock, GA, 30188 in Woodstock speaks for itself: 11.9% gross on a $360,000 price, generating $3,570/mo in rent and $1,337/mo in net income after the $1,619/mo debt service. DSCR 2.21, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,048 stacks alongside $99,461 in projected five-year appreciation and $3,316/yr in principal reduction. Projected total cumulative return: $222,603.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.0% |
| Monthly Cash Flow | $1,337 | $300 |
City averages based on Woodstock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,570 |
| Total Monthly Debt Service | $2,089 |
| DSCR Ratio | 1.71x |
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 2000
0.58 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30188, Woodstock, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,286 (100%) |
| Owner Occupied HU | 22,866 (78.1%) |
| Renter Occupied HU | 5,517 (18.8%) |
| Vacant Housing Units | 903 ( 3.1%) |
| Median Home Value | $485,049 |
| Average Home Value | $522,574 |
Housing Distribution
Address Breakdown
Residential
28,124
Single Family
25,653
Multi-Family
2,471
Businesses
2,244
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 2000
0.58 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30188, Woodstock, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,286 (100%) |
| Owner Occupied HU | 22,866 (78.1%) |
| Renter Occupied HU | 5,517 (18.8%) |
| Vacant Housing Units | 903 ( 3.1%) |
| Median Home Value | $485,049 |
| Average Home Value | $522,574 |
Housing Distribution
Address Breakdown
Residential
28,124
Single Family
25,653
Multi-Family
2,471
Businesses
2,244
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices