241 Thompson StAlpharettaGA30009
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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 241 Thompson St, Alpharetta, GA, 30009 offers a 5.73% rental yield on a $1,724,323 purchase with $8,238/mo rent. 23% in year one. Equity gained on principal adds $11,127/yr while 5% annual appreciation supports $476,399 over five years. Portfolio math shows five-year ROI at 57.61% and total cumulative return in cash at $321,840. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,238/mo property income against a $8,440/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1,393 sqft lot
$N/A/sqft
$24,000 annually 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: Jaymie Dimbath • Pulte Realty of Georgia, Inc
Mls Name: GAMLS
Mls Provider:
Mls ID: #10347893
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.