366 Concord StAlpharettaGA30009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Alpharetta at 366 Concord St, Alpharetta, GA, 30009 offers $7,302/mo rent that, after a $5,800/mo payment, leaves $62/mo cash flow. Total monthly income is $7,302/mo, and annual cash flow is $743/yr on $383,940 cash. Return on cash invested measures 20.56% in year one, and rental yield stands at 7.39% at a $1,185,000 entry. Equity gained on principal adds $7,647/yr while 5% annual appreciation compounds into $327,394 by year five. Five-year ROI records 106.14% and total cumulative return in cash reaches $407,526. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,302/mo property income versus a $5,800/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
1,437 sqft lot
$N/A/sqft
$335 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30009, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 5,426 (55.5%) |
| Renter Occupied HU | 3,708 (37.9%) |
| Vacant Housing Units | 640 ( 6.5%) |
| Median Home Value | $663,756 |
| Average Home Value | $756,340 |
Housing Distribution
Address Breakdown
Residential
9,274
Single Family
6,339
Multi-Family
2,935
Businesses
2,304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caitlin Payne • Harry Norman Realtors
Mls Name: GAMLS
Mls Provider:
Mls ID: #10368016
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.