261 Thompson StAlpharettaGA30009
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 261 Thompson St, Alpharetta, GA, 30009 in Alpharetta. At $1,340,900 it earns $8,530/mo in rent and distributes $202/mo to the owner after the $6,030/mo payment, a consistent 7.63% yield. DSCR 1.41 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $370,466 in value; $12,350/yr in principal paydown compounds ownership stake. Total projected return: $521,581.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $202 | $250 |
City averages based on Alpharetta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,530 |
| Total Monthly Debt Service | $7,794 |
| DSCR Ratio | 1.09x |
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.
Single Family
Built in 2018
3,223 sqft lot
$N/A/sqft
$167 monthly 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
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
Single Family
Built in 2018
3,223 sqft lot
$N/A/sqft
$167 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A