6645 Cortland WalkAlpharettaGA30005
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 6645 Cortland Walk, Alpharetta, GA, 30005 priced at $745,000 converts $4,096/mo rent into after a $3,646/mo obligation. Total monthly income equals $4,096/mo. Return on cash invested prints 17.92% in year one, and rental yield reads 6.6% against a $745,000 entry. Equity gained on principal adds $4,807/yr, while 5% annual appreciation compiles into $205,830 by year five. Five-year ROI reaches 92% and total cumulative return in cash sums $225,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,096/mo property income covering a $3,646/mo payment, not borrower’s personal income.
Townhouse
Built in 2019
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30005, Alpharetta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,223 (100%) |
| Owner Occupied HU | 9,558 (62.8%) |
| Renter Occupied HU | 4,861 (31.9%) |
| Vacant Housing Units | 804 ( 5.3%) |
| Median Home Value | $617,169 |
| Average Home Value | $656,577 |
Housing Distribution
Address Breakdown
Residential
14,672
Single Family
11,063
Multi-Family
3,609
Businesses
1,699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Thornberry • Property Sellutions
Mls Name: GAMLS
Mls ID: #10515739