457 Olmstead WayAlpharettaGA30022
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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 457 Olmstead Way, Alpharetta, GA, 30022 priced at $573,850 converts $5,118/mo rent into $1,625/mo cash flow after a $2,809/mo obligation. Total monthly income equals $5,118/mo, and annual cash flow totals $19,502/yr on $188,797 invested. Return on cash invested prints 30.39% in year one, and rental yield reads 10.7% against a $573,850 entry. Equity gained on principal adds $3,703/yr, while 5% annual appreciation compiles into $158,544 by year five. Five-year ROI reaches 158.89% and total cumulative return in cash sums $299,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,118/mo property income covering a $2,809/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30022, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,576 (100%) |
| Owner Occupied HU | 17,937 (73.0%) |
| Renter Occupied HU | 5,872 (23.9%) |
| Vacant Housing Units | 767 ( 3.1%) |
| Median Home Value | $594,874 |
| Average Home Value | $631,899 |
Housing Distribution
Address Breakdown
Residential
24,489
Single Family
20,256
Multi-Family
4,233
Businesses
1,823
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Listed by: Dusty Talbert • The Providence Group Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N130000000245
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.