285 Magnolia Villas DrCorneliaGA30531
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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 285 Magnolia Villas Dr, Cornelia, GA, 30531 offers a 10.81% rental yield on a $369,531 purchase with $3,329/mo rent. Total monthly income registers $3,329/mo, and a $1,809/mo payment leaves $1,080/mo available for distribution. Annual cash flow reaches $12,956/yr on $122,500 to close, and return on cash invested stands at 30.49% in year one. Equity gained on principal adds $2,385/yr while 5% annual appreciation supports $102,095 over five years. Portfolio math shows five-year ROI at 159.43% and total cumulative return in cash at $195,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,329/mo property income against a $1,809/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,276 sqft 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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