615 Society StAlpharettaGA30022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 615 Society St, Alpharetta, GA, 30022 generates $5,038/mo in rent, after a $5,262/mo payment. Total monthly income is $5,038/mo. Return on cash invested sits at 15.18% in year one, and rental yield is 5.62% on a $1,075,000 entry. Equity gained on principal adds $6,937/yr, while 5% annual appreciation builds toward $297,003 over five years. Five-year ROI reaches 77.27% and total cumulative return in cash sums $269,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,038/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
5,749 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Cueny • Ansley RE|Christie's Int'l RE
Mls Name: GAMLS
Mls ID: #10655014