486 Magnolia Grove PlCorneliaGA30531
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
Investment Highlights
Investment property for sale in Cornelia at 486 Magnolia Grove Pl, Cornelia, GA, 30531 earns $1,036/mo cash flow from $3,712/mo rent with a $2,152/mo payment. Total monthly income totals $3,712/mo, and annual cash flow totals $12,432/yr on $145,763 capital. ROI tracks 28.44% on current figures, and rental yield reads 10.13% at a $439,708 purchase. Equity gained on principal adds $2,837/yr, and 5% annual appreciation supports $121,483 over five years. Five-year ROI reaches 148.48% and total cumulative return in cash sums $216,423. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,712/mo property income instead of your personal income.
Single Family
Built in 2026
0.41 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