3058 SteeplechaseAlpharettaGA30004
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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 3058 Steeplechase, Alpharetta, GA, 30004 uses $88,842 cash to close to unlock $9,788/yr annual cash flow and $816/mo monthly cash flow. Total monthly income runs $2,447/mo, and a $1,312/mo payment keeps the spread at $816/mo. Purchase price stands at $268,000, and rental yield measures 10.96% with $2,447/mo rent. Return on cash invested shows 30.93% in year one, and 5% annual appreciation builds toward $74,043 over five years. Five-year ROI reaches 161.8% and total cumulative return in cash records $143,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,447/mo property income covering a $1,312/mo payment rather than investor’s personal income.
Townhouse
Built in 1990
1,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30004, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,191
Single Family
20,858
Multi-Family
4,333
Businesses
2,003
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Listed by: Michelle Dillon • Aramis Realty LLC
Mls Name: FMLS GA
Mls ID: #7676736