280 Briscoe Way #38AlpharettaGA30009
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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 280 Briscoe Way #38, Alpharetta, GA, 30009 offers a 8.1% rental yield on a $972,295 purchase with $6,559/mo rent. Total monthly income registers $6,559/mo, and a $4,759/mo payment leaves $641/mo available for distribution. Annual cash flow reaches $7,696/yr on $319,885 to close, and return on cash invested stands at 22.47% in year one. Equity gained on principal adds $6,274/yr while 5% annual appreciation supports $268,627 over five years. Portfolio math shows five-year ROI at 116.39% and total cumulative return in cash at $372,317. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,559/mo property income against a $4,759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
1,960 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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Listed by: Kelly Kliewer • The Providence Group Realty, LLC.
Mls Name: FMLS GA
Mls ID: #7674568