1512 2nd Ave, Albany, GA, 31707 | $249/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1512 2nd Ave, Albany, GA, 31707 | $249/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Albany at 1512 2nd Ave, Albany, GA, 31707 uses $44,752 cash to close to unlock $2,990/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,071/mo, and a $661/mo payment keeps the spread at $249/mo. Purchase price stands at $134,999, and rental yield measures 9.52% with $1,071/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 138.6% and total cumulative return in cash records $62,028. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,071/mo property income covering a $661/mo payment rather than investor’s personal income.

Single Family

Built in 1951

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover this centrally located Northwest Albany home, ideally positioned near Merry Acres and the city's dining and attractions. The property features a recently updated roof and air conditioning system, both just a few years old. Inside, the home boasts durable luxury vinyl plank flooring throughout, providing a sleek and low-maintenance look. The kitchen is equipped with stylish butcher block countertops, adding warmth and character. The split floor plan offers privacy and convenience, with a spacious primary suite. The backyard includes a separate storage building, providing ample space for storage or a workshop. Perfectly situated in a convenient neighborhood, this home is ready for you to make it yours. Owner is a Lic. Ga realtor & Buyers must agree to participate in seller doing a 1031 tax free exchange at no additional cost to buyers.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31707, Albany, GA area.

Housing Distribution

Housing Statistics

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