375 Strickland RdAlpharettaGA30004
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 375 Strickland Rd, Alpharetta, GA, 30004 in Alpharetta hard to pass up. The 11.8% gross yield on a $300,000 purchase results in $2,951/mo in rent and $1,125/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.19). Annual cash flow of $13,499, five-year appreciation of $82,884, and $2,763/yr in equity build-up combine for a projected total cumulative return of $186,040.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $1,125 | $250 |
City averages based on Alpharetta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,951 |
| Total Monthly Debt Service | $1,706 |
| DSCR Ratio | 1.73x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
0.53 Acres 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
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
Single Family
Built in 1983
0.53 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GAMLS
Mls ID: #10715219