245 Ridge Point CtJohns CreekGA30022
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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 Johns Creek at 245 Ridge Point Ct, Johns Creek, GA, 30022 offers a 6.51% rental yield on a $515,000 purchase with $2,794/mo rent. 65% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 90.56% and total cumulative return in cash at $153,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,794/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
6,098 sqft 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: Deborah A Braun • Keller Williams Realty First Atlanta
Mls Name: GAMLS
Mls ID: #10677032