513 Sandringham DrMiltonGA30004
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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 Milton at 513 Sandringham Dr, Milton, GA, 30004 generates $2,530/mo in rent and, after a $1,713/mo payment, leaves $152/mo in cash flow. Total monthly income is $2,530/mo, and annual cash flow is $1,823/yr on $116,025 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 8.67% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash sums $130,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,530/mo property income rather than buyer’s personal income.
Condo
Built in 1997
1,319 sqft lot
$N/A/sqft
$248 monthly 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: Lee Milligan • Atlanta Communities
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7659927
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