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

Ellijay, GA has a median modeled monthly cash flow of $-1,955 and a median cap rate of 1.7%, on a median sold price of $390,000. Prices changed -3.0% year over year.

What is the average cap rate in Ellijay, GA?

The median cap rate across recently sold homes in Ellijay, GA is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ellijay, GA?

The median sold price in Ellijay, GA is $390,000 (about $239 per square foot).

Investing in Ellijay, GA Real Estate

A data-driven snapshot of the 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.

$390,000Median sold price

$239Median $/sqft

1.7%Median cap rate

$-1,955Modeled cash flow / mo

-3.0%Appreciation YoY

9.7Months of supply

743Active listings

923Sold (last 12 mo)

What the Ellijay numbers say

In Ellijay, GA, the median home sold for $390,000 (about $239 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,955 of monthly cash flow. Sold prices moved -3.0% over the past year. Inventory sits at about 9.7 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.

🔨 See 6 fix-and-flip deals in Ellijay — listings where the estimated after-repair value beats list price + rehab.

Other Georgia markets to compare

See Ellijay cash-flowing listings

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