475 Letchas LnAlpharettaGA30009
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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
Investment property for sale in Alpharetta at 475 Letchas Ln, Alpharetta, GA, 30009 listed at $939,500 pairs $5,933/mo rent with a $4,598/mo payment. Total monthly income runs $5,933/mo. Return on cash invested measures 19.54% in year one, and rental yield registers 7.58% at a $939,500 basis. Equity gained on principal adds $6,062/yr, and annual property appreciation at 5% supports $259,567 by year five. Five-year ROI tracks 101.18% and total cumulative return in cash totals $312,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,933/mo property income relative to a $4,598/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2017
2,787 sqft lot
$N/A/sqft
$350 monthly 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
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Listed by: Jill Slone • Dorsey Alston Realtors
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7538605
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