418 Beachwood 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
Rental property for sale in Cornelia at 418 Beachwood Dr, Cornelia, GA, 30531 offers $2,370/mo rent that, after a $3,617/mo payment. Total monthly income is $2,370/mo. Return on cash invested measures 9.51% in year one, and rental yield stands at 3.85% at a $739,000 entry. Equity gained on principal adds $4,769/yr while 5% annual appreciation compounds into $204,172 by year five. Five-year ROI records 46.91% and total cumulative return in cash reaches $114,056. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,370/mo property income versus a $3,617/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.35 Acres lot
$N/A/sqft
$130 annually 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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Listed by: Pablo Ramirez • Virtual Properties Realty
Mls Name: Hive MLS
Mls ID: #CL337334
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.