Is East Ellijay, GA a good place to invest in rental property?

East Ellijay, GA has a median modeled monthly cash flow of $-791 and a median cap rate of 3.7%, on a median sold price of $350,000. Prices changed -13.0% year over year.

What is the average cap rate in East Ellijay, GA?

The median cap rate across recently sold homes in East Ellijay, GA is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Ellijay, GA?

The median sold price in East Ellijay, GA is $350,000 (about $232 per square foot).

Investing in East Ellijay, GA Real Estate

A data-driven snapshot of the East Ellijay, GA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$350,000Median sold price

$232Median $/sqft

3.7%Median cap rate

$-791Modeled cash flow / mo

-13.0%Appreciation YoY

28.3Months of supply

73Active listings

31Sold (last 12 mo)

What the East Ellijay numbers say

In East Ellijay, GA, the median home sold for $350,000 (about $232 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-791 of monthly cash flow. Sold prices moved -13.0% over the past year. Inventory sits at about 28.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Georgia markets to compare

See East Ellijay cash-flowing listings

CashFlowRE ranks every for-sale home in East Ellijay, GA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen East Ellijay deals, or browse the national market data.