247 Water Oak PlMiltonGA30009
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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
Rental property for sale in Milton at 247 Water Oak Pl, Milton, GA, 30009 priced at $840,000 converts $5,479/mo rent into $367/mo cash flow after a $4,111/mo obligation. Total monthly income equals $5,479/mo, and annual cash flow totals $4,404/yr on $276,360 invested. Return on cash invested prints 21.65% in year one, and rental yield reads 7.83% against a $840,000 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation compiles into $232,077 by year five. Five-year ROI reaches 112.02% and total cumulative return in cash sums $309,578. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,479/mo property income covering a $4,111/mo payment, not borrower’s personal income.
Single Family
Built in 2008
5,662 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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