Real Estate Investing in Alpharetta, Georgia (30009)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 30009 (Alpharetta, GA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.5 — hard to cash-flow at these prices.
What’s happening in Alpharetta, GA (30009)?
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Market Analysis: 30009 Alpharetta
Investors eyeing 30009 need to respect the fundamentals at play. Home values of $762K come alongside slower price movement and elevated management overhead.
Looking more closely, the numbers look inviting — $762K purchase price, 0.0% nominal cap — the work to hit that pro forma in 30009 is substantial and deserves full respect.
In the broader GA picture, 30009 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 30009 includes headwinds that any investor should price in. Income distribution skews lower than Alpharetta averages, and tenant stability requires active management.
Strategically, 30009 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Alpharetta:
Property Strategy for 30009
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $359,823 | $2,360 | 4.7% | +8.3% | $179,911 |
| 3BR | $682,014 | $2,830 | 3.0% | +9.4% | $227,338 |
| 4BR | $814,675 | $3,380 | 3.0% | +9.9% | $203,669 |
| 5BR | $1,238,194 | — | — | +10.5% | $247,639 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 30009 Compare?
| Metric | 30009 | Alpharetta | Atlanta-Sandy Springs-Alpharetta, GA | Georgia |
|---|---|---|---|---|
| Home Value | $761,786 | $762,660 | N/A | $329,538 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 7.8% |
| Avg Rent | $2,493 | $2,277 | N/A | - |
| Cap Rate | 2.6% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 30009 (Alpharetta, GA). Anonymous, moderated, never written by AI.
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Property managers serving Fulton County
Manage rentals here? List your business →All County Cumberland provides residential property management services in Cumberland, GA and surrounding areas, focusing on hassle-free rental for owners. summary from their website
All County North Metro is a full-service residential property management company in Alpharetta, GA, serving Alpharetta and surrounding areas. summary from their website
Community Management Associates (CMA) provides community association management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $761,786 |
| Monthly Rent | $2,493 |
| Price-to-Rent | 25.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +3.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 30009
Population: 21,592
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 30009
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is GA a landlord-friendly state?
GA law landlord-friendly for landlords, and Alpharetta inherits those rules. Investors should still review local ordinances for rental licensing.
Can owner-occupants cash flow in Alpharetta, GA?
The house hack math a challenging in Alpharetta, GA. Owner-occupant buyers benefit from the $2,493/mo rents and $762K home values.
What is the investability score for Alpharetta, GA?
The 3.0/5 investability rating in Alpharetta, GA reflects its $762K prices and $2,493/mo rents. Investors generally consider it a solid option within GA.
What do rentals go for in Alpharetta, GA?
Alpharetta, GA rentals go for roughly $2,493/mo a month. That puts gross yield in solid territory relative to $762K acquisition costs.
Where do home prices stand in Alpharetta, GA?
Typical homes in Alpharetta, GA go for around $762K. The 5-year CAGR of 0.0% even-keeled price movement.
You know 30009 now. You don’t know where it ranks.
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How 30009 ranks in Atlanta-Sandy Springs-Alpharetta, GA
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