300 Paradise Park RdCorneliaGA30531
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow300 Paradise Park Rd, Cornelia, GA, 30531 in Cornelia earns its strong cash-flow label: 11.25% yield, $7,775/mo rent, $2,729/mo net income, DSCR 2.09. The $829,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $229,037 by year five. Combined with $7,635/yr in principal paydown, total projected return reaches $489,638.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 8.0% |
| Monthly Cash Flow | $2,729 | $300 |
City averages based on Cornelia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,775 |
| Total Monthly Debt Service | $4,716 |
| DSCR Ratio | 1.65x |
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 1997
4.58 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
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 1997
4.58 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices