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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% |
Investment property for sale in Alpharetta at 3088 Camden Way, Alpharetta, GA, 30005 offers a 13.17% rental yield on a $315,000 purchase with $3,458/mo rent. Total monthly income registers $3,458/mo, and a $1,542/mo payment leaves $1,227/mo available for distribution. Annual cash flow reaches $14,719/yr on $104,423 to close, and return on cash invested stands at 34.01% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 179.61% and total cumulative return in cash at $187,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,458/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
1,224 sqft lot
$N/A/sqft
$314 monthly HOA
Neighborhood data shown for ZIP Code: 30005, Alpharetta, GA area.
| 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 |
Residential
14,672
Single Family
11,063
Multi-Family
3,609
Businesses
1,699
Date | Event | Price |
|---|---|---|
| 2024-09-10 | Listed for sale | $315,000 |
| 2024-08-02 | Pending sale | $315,000 |
| 2024-07-26 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | $2581.29 | 13.71% | $98,560 | 14.23% |
| 2022-09-16 | $2270.03 | 16.21% | $86,280 | 19.83% |
| 2021-09-16 | $1953.36 | 0.01% | $72,000 | 4.05% |
Listed by: Elizabeth Fries Corbin • RE/MAX Center
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7427958
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