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

Elko, GA has a median modeled monthly cash flow of $-2,208 and a median cap rate of 1.5%, on a median sold price of $149,900. Prices changed +10.7% year over year.

What is the average cap rate in Elko, GA?

The median cap rate across recently sold homes in Elko, GA is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elko, GA?

The median sold price in Elko, GA is $149,900 (about $187 per square foot).

Investing in Elko, GA Real Estate

A data-driven snapshot of the Elko, 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.

$149,900Median sold price

$187Median $/sqft

1.5%Median cap rate

$-2,208Modeled cash flow / mo

+10.7%Appreciation YoY

2.4Months of supply

11Active listings

54Sold (last 12 mo)

What the Elko numbers say

In Elko, GA, the median home sold for $149,900 (about $187 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-2,208 of monthly cash flow. Sold prices moved +10.7% over the past year. Inventory sits at about 2.4 months of supply — a tight, seller-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 Elko cash-flowing listings

CashFlowRE ranks every for-sale home in Elko, 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 Elko deals, or browse the national market data.