58 Canton St UNIT 304AlpharettaGA30009
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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 58 Canton St UNIT 304, Alpharetta, GA, 30009 earns from $5,119/mo rent with a $5,330/mo payment. Total monthly income totals $5,119/mo. ROI tracks 12.65% on current figures, and rental yield reads 5.64% at a $1,089,000 purchase. Equity gained on principal adds $7,027/yr, and 5% annual appreciation supports $300,871 over five years. Five-year ROI reaches 64.63% and total cumulative return in cash sums $228,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,119/mo property income instead of your personal income.
Condo
Built in 2016
1,916 sqft lot
$N/A/sqft
$9,132 annually 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: Karen Neibert • BHHS Georgia Properties
Mls Name: GAMLS
Mls Provider:
Mls ID: #10435240
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.