3024 Camden WayAlpharettaGA30005
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3024 Camden Way, Alpharetta, GA, 30005 in Alpharetta deserves attention. This $316,000 property earns $2,792/mo in rent, a 10.6% gross yield, and nets $540/mo after the $1,498/mo payment. DSCR 1.86 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $87,305 compounds alongside $2,649/yr in yearly equity build, for a total cumulative return of $169,683.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $540 | $250 |
City averages based on Alpharetta market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,792 |
| Total Monthly Debt Service | $1,875 |
| DSCR Ratio | 1.49x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
1,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30005, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,223 (100%) |
| Owner Occupied HU | 9,558 (62.8%) |
| Renter Occupied HU | 4,861 (31.9%) |
| Vacant Housing Units | 804 ( 5.3%) |
| Median Home Value | $617,169 |
| Average Home Value | $656,577 |
Housing Distribution
Address Breakdown
Residential
14,672
Single Family
11,063
Multi-Family
3,609
Businesses
1,699
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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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: FMLS GA
Mls ID: #7807075
