274 Logan CirEllijayGA30540
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 274 Logan Cir, Ellijay, GA, 30540 in Ellijay deserves attention. This $327,550 property earns $3,774/mo in rent, a 13.83% gross yield, and nets $1,780/mo after the $1,473/mo payment. DSCR 2.56 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $90,496 compounds alongside $3,017/yr in yearly equity build, for a total cumulative return of $238,635.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 8.0% |
| Monthly Cash Flow | $1,780 | $1,500 |
City averages based on Ellijay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,774 |
| Total Monthly Debt Service | $1,863 |
| DSCR Ratio | 2.03x |
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 1969
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30540, Ellijay, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 6,883 (60.6%) |
| Renter Occupied HU | 1,606 (14.1%) |
| Vacant Housing Units | 2,876 (25.3%) |
| Median Home Value | $336,590 |
| Average Home Value | $386,093 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,505
Multi-Family
77
Businesses
937
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 1969
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30540, Ellijay, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 6,883 (60.6%) |
| Renter Occupied HU | 1,606 (14.1%) |
| Vacant Housing Units | 2,876 (25.3%) |
| Median Home Value | $336,590 |
| Average Home Value | $386,093 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,505
Multi-Family
77
Businesses
937
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices