4040 Monroe CtAlpharettaGA30004
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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
Rental property for sale in Alpharetta at 4040 Monroe Ct, Alpharetta, GA, 30004 generates $3,514/mo in rent, after a $2,981/mo payment. Total monthly income is $3,514/mo. Return on cash invested sits at 18.91% in year one, and rental yield is 6.92% on a $609,000 entry. Equity gained on principal adds $3,930/yr, while 5% annual appreciation builds toward $168,255 over five years. Five-year ROI reaches 97.3% and total cumulative return in cash sums $194,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,514/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.27 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
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Listed by: SUSAN STEINHOFF • Harry Norman Realtors
Mls Name: FMLS GA
Mls ID: #7668919