360 Olmstead Way #24AlpharettaGA30002
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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
Total monthly income runs $2,400/mo, and a $2,824/mo payment. Purchase price stands at $576,900, and rental yield measures 4.99% with $2,400/mo rent. Return on cash invested shows 11.77% in year one, and 5% annual appreciation builds toward $159,387 over five years. Five-year ROI reaches 59.49% and total cumulative return in cash records $112,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $2,824/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
1,481 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30002, Avondale Estates, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,715 (100%) |
| Owner Occupied HU | 1,629 (60.0%) |
| Renter Occupied HU | 945 (34.8%) |
| Vacant Housing Units | 141 ( 5.2%) |
| Median Home Value | $549,705 |
| Average Home Value | $560,537 |
Housing Distribution
Address Breakdown
Residential
2,921
Single Family
2,805
Multi-Family
116
Businesses
273
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Listed by: Bogie Gheorghiu • The Providence Group Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7438821
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