11187 Calypso Dr #12AlpharettaGA30009
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.93% yield at 11187 Calypso Dr #12, Alpharetta, GA, 30009 in Alpharetta is solid, but the $2,064/mo payment compresses net cash flow to $133/mo at $459,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $126,813 by year five, and $4,227/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.66) without U.S. income documentation. Total projected return: $213,940.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $133 | $250 |
City averages based on Alpharetta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,416 |
| Total Monthly Debt Service | $2,611 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2005
1,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30009, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 5,426 (55.5%) |
| Renter Occupied HU | 3,708 (37.9%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $663,756 |
| Average Home Value | $756,340 |
Housing Distribution
Address Breakdown
Residential
9,274
Single Family
6,339
Multi-Family
2,935
Businesses
2,304
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
Townhouse
Built in 2005
1,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30009, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 5,426 (55.5%) |
| Renter Occupied HU | 3,708 (37.9%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $663,756 |
| Average Home Value | $756,340 |
Housing Distribution
Address Breakdown
Residential
9,274
Single Family
6,339
Multi-Family
2,935
Businesses
2,304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Blalock • The Rezerve
Mls Name: GAMLS
Mls ID: #10675972