1585 Spinnaker DrAlpharettaGA30005
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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
Investment Highlights
Investment property for sale in Alpharetta at 1585 Spinnaker Dr, Alpharetta, GA, 30005 uses $279,617 cash to close to unlock $3,218/yr annual cash flow and $268/mo monthly cash flow. Total monthly income runs $5,441/mo, and a $4,160/mo payment keeps the spread at $268/mo. Purchase price stands at $849,900, and rental yield measures 7.68% with $5,441/mo rent. Return on cash invested shows 21.21% in year one, and 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 109.67% and total cumulative return in cash records $306,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,441/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30005, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,223 (100%) |
| Owner Occupied HU | 9,558 (62.8%) |
| Renter Occupied HU | 4,861 (31.9%) |
| Vacant Housing Units | 804 ( 5.3%) |
| Median Home Value | $617,169 |
| Average Home Value | $656,577 |
Housing Distribution
Address Breakdown
Residential
14,672
Single Family
11,063
Multi-Family
3,609
Businesses
1,699
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Listed by: Sarah Wilkins • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls ID: #7681186