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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Alpharetta at 3018 Steeplechase, Alpharetta, GA, 30004 generates $2,378/mo in rent and, after a $1,542/mo payment, leaves $461/mo in cash flow. Total monthly income is $2,378/mo, and annual cash flow is $5,527/yr on $104,423 invested. Return on cash invested sits at 25.2% in year one, and rental yield is 9.06% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 131.1% and total cumulative return in cash sums $136,901. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,378/mo property income rather than buyer’s personal income.
Townhouse
Built in 1985
1,210 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30004, Alpharetta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,351 (100%) |
| Owner Occupied HU | 19,123 (75.4%) |
| Renter Occupied HU | 5,457 (21.5%) |
| Vacant Housing Units | 771 ( 3.0%) |
| Median Home Value | $673,900 |
| Average Home Value | $736,428 |
Residential
25,191
Single Family
20,858
Multi-Family
4,333
Businesses
2,003
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amanda Tello • Keller Williams Realty Community Partners
Mls Name: FMLS GA
Mls ID: #7656304
