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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Albany at 1216 Baker Ave, Albany, GA, 31707 offers a 8.26% rental yield on a $229,900 purchase with $1,583/mo rent. Total monthly income registers $1,583/mo, and a $1,125/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,208/yr on $76,212 to close, and return on cash invested stands at 22.81% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 118.31% and total cumulative return in cash at $90,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,583/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31707, Albany, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,486 (100%) |
| Owner Occupied HU | 4,426 (38.5%) |
| Renter Occupied HU | 5,678 (49.4%) |
| Vacant Housing Units | 1,382 (12.0%) |
| Median Home Value | $143,424 |
| Average Home Value | $181,357 |
Residential
11,610
Single Family
10,660
Multi-Family
950
Businesses
1,341
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Listed for sale | $229,900 |
| 2023-06-12 | Sold | $5,000 |
| 2013-11-05 | Sold | $19,501 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $200.15 | 7.86% | $4,280 | N/A |
| 2022-10-17 | $185.56 | -0.24% | $4,280 | N/A |
| 2021-10-17 | $186.00 | -0.37% | $4,280 | N/A |
Listed by: Amanda Wiley & Kyla Standring Team • Era All In One Realty
Mls Name: SWGMLS
Mls ID: #163581
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
