834 Sandringham Dr #834AlpharettaGA30004
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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 834 Sandringham Dr #834, Alpharetta, GA, 30004 uses $82,212 cash to close to unlock $4,085/yr annual cash flow and $340/mo monthly cash flow. Total monthly income runs $2,036/mo, and a $1,214/mo payment keeps the spread at $340/mo. Purchase price stands at $248,000, and rental yield measures 9.85% with $2,036/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 130.35% and total cumulative return in cash records $107,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,036/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Condo
Built in 1997
914 sqft lot
$N/A/sqft
$141 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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