237 Downing DrAlpharettaGA30022
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow237 Downing Dr, Alpharetta, GA, 30022 in Alpharetta earns its strong cash-flow label: 10.53% yield, $5,118/mo rent, $1,569/mo net income, DSCR 1.95. The $583,190 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $161,125 by year five. Combined with $5,371/yr in principal paydown, total projected return reaches $321,884.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $1,569 | $250 |
City averages based on Alpharetta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,118 |
| Total Monthly Debt Service | $3,317 |
| DSCR Ratio | 1.54x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices