478 Magnolia Grove PlCorneliaGA30531
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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 478 Magnolia Grove Pl, Cornelia, GA, 30531 priced at $430,802 pairs $4,048/mo rent with $1,426/mo cash flow after a $2,109/mo payment. Total monthly income equals $4,048/mo, and annual cash flow comes to $17,108/yr on $142,811 invested. Return on cash invested is 31.89% in year one, and rental yield stands at 11.28% on a $430,802 basis. Equity gained on principal adds $2,780/yr, and 5% annual appreciation accumulates to $119,023 by year five. Five-year ROI measures 166.95% and total cumulative return in cash reaches $238,418. For financing, Ziffy Mortgage’s DSCR program evaluates $4,048/mo property income against a $2,109/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.37 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
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