Real Estate Investing in Ellenwood, Georgia (30294)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 30294 (Ellenwood, GA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
What’s happening in Ellenwood, GA (30294)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 30294 Ellenwood
Not every below-median market is a bargain. Ellenwood's 30294 ZIP shows signals that favor experienced operators who can absorb the risk $279K pricing implies.
For an experienced owner, 30294 can be a a credible choice for hunting ground — but the discount at $279K reflects genuine risk that outside investors often underestimate.
The gap between 30294 and stronger Ellenwood ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 30294 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 30294 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Ellenwood:
Property Strategy for 30294
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $173,094 | $1,890 | 7.9% | +8.0% | $86,547 |
| 3BR | $236,928 | $2,270 | 6.9% | +7.7% | $78,976 |
| 4BR | $302,730 | $2,710 | 6.4% | +7.5% | $75,683 |
| 5BR | $383,554 | — | — | +7.0% | $76,711 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 30294 Compare?
| Metric | 30294 | Ellenwood | Atlanta-Sandy Springs-Alpharetta, GA | Georgia |
|---|---|---|---|---|
| Home Value | $279,406 | $279,406 | N/A | $329,538 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 7.8% |
| Avg Rent | $2,083 | $2,083 | N/A | - |
| Cap Rate | 5.8% | 5.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 30294 (Ellenwood, GA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $279,406 |
| Monthly Rent | $2,083 |
| Price-to-Rent | 11.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.9% |
| Cap Rate | 5.8% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 Rent Trends
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 30294
Population: 43,076
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 30294
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 893 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Ellenwood, GA?
The median home value in Ellenwood, GA is roughly $279K. That puts it reasonable relative to the GA statewide average.
What is the renter demographic in Ellenwood, GA?
Expect a solid tenant pool in Ellenwood, GA. The rental market absorbs $2,083/mo rents without meaningful friction.
Are rents high in Ellenwood, GA?
Investors in Ellenwood, GA typically see rents near $2,083/mo per month against $279K home values - a solid setup for rental cash flow.
Is Ellenwood, GA good for landlords?
Landlord-friendliness in Ellenwood, GA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is house hacking profitable in Ellenwood, GA?
The house hack math a challenging in Ellenwood, GA. Owner-occupant buyers benefit from the $2,083/mo rents and $279K home values.
You know 30294 now. You don’t know where it ranks.
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How 30294 ranks in Atlanta-Sandy Springs-Alpharetta, GA
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