2098 Cortland Rd #31AlpharettaGA30009
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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 2098 Cortland Rd #31, Alpharetta, GA, 30009 earns $449/mo cash flow from $6,047/mo rent with a $4,502/mo payment. Total monthly income totals $6,047/mo, and annual cash flow totals $5,385/yr on $302,647 capital. ROI tracks 21.84% on current figures, and rental yield reads 7.89% at a $919,900 purchase. Equity gained on principal adds $5,936/yr, and 5% annual appreciation supports $254,151 over five years. Five-year ROI reaches 113.02% and total cumulative return in cash sums $342,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,047/mo property income instead of your personal income.
Townhouse
Built in 2021
1,916 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
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Listed by: Stacy Newberry • RE/MAX Town & Country
Mls Name: GAMLS
Mls ID: #10654432