1975 Nocturne Dr UNIT 2206AlpharettaGA30009
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1975 Nocturne Dr UNIT 2206, Alpharetta, GA, 30009 in Alpharetta: $2,680/mo in rent, $362/mo in net income, 9.89% gross yield, 1.83 DSCR, all at $324,999. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $89,791 in appreciation and $2,993/yr in principal paydown projects total cumulative return of $168,293.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.2% |
| Monthly Cash Flow | $362 | $250 |
City averages based on Alpharetta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,680 |
| Total Monthly Debt Service | $1,849 |
| DSCR Ratio | 1.45x |
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.
Condo
Built in 2006
1,054 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
Condo
Built in 2006
1,054 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: Dung Nguyen • Virtual Properties Realty.Net, LLC.
Mls Name: FMLS GA
Mls ID: #7701853