1630 Homestead TrlAlpharettaGA30004
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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
Rental property for sale in Alpharetta at 1630 Homestead Trl, Alpharetta, GA, 30004 priced at $339,000 pairs $2,789/mo rent with $726/mo cash flow after a $1,659/mo payment. Total monthly income equals $2,789/mo, and annual cash flow comes to $8,712/yr on $112,379 invested. Return on cash invested is 27.66% in year one, and rental yield stands at 9.87% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 144.32% and total cumulative return in cash reaches $162,184. For financing, Ziffy Mortgage’s DSCR program evaluates $2,789/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
1,219 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30004, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,351 (100%) |
| Owner Occupied HU | 19,123 (75.4%) |
| Renter Occupied HU | 5,457 (21.5%) |
| Vacant Housing Units | 771 ( 3.0%) |
| Median Home Value | $673,900 |
| Average Home Value | $736,428 |
Housing Distribution
Address Breakdown
Residential
25,191
Single Family
20,858
Multi-Family
4,333
Businesses
2,003
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Listed by: Pam Gillig • Ansley RE|Christie's Int'l RE
Mls Name: GAMLS
Mls ID: #10683366