237 Downing DrAlpharettaGA30022
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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 237 Downing Dr, Alpharetta, GA, 30022 at $583,190 posts ROI 29.87% with $1,569/mo cash flow from $5,118/mo rent. Total monthly income equals $5,118/mo, and annual cash flow records $18,828/yr on $191,870 to close. Return on cash invested measures 29.87% and rental yield reads 10.53% at the current $583,190. Equity gained on principal adds $3,763/yr, and 5% annual appreciation supports $161,125 by year five. Five-year ROI prints 156.13% and total cumulative return in cash totals $299,558.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,118/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30022, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,576 (100%) |
| Owner Occupied HU | 17,937 (73.0%) |
| Renter Occupied HU | 5,872 (23.9%) |
| Vacant Housing Units | 767 ( 3.1%) |
| Median Home Value | $594,874 |
| Average Home Value | $631,899 |
Housing Distribution
Address Breakdown
Residential
24,489
Single Family
20,256
Multi-Family
4,233
Businesses
1,823
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Listed by: Dusty Talbert • The Providence Group Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N130000000241
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.