1710 Myrtle RdAlbanyGA31707
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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 Albany at 1710 Myrtle Rd, Albany, GA, 31707 offers a 11.15% rental yield on a $155,000 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $759/mo payment leaves $496/mo available for distribution. Annual cash flow reaches $5,955/yr on $51,383 to close, and return on cash invested stands at 31.5% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 164.93% and total cumulative return in cash at $84,748. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.33 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,610
Single Family
10,660
Multi-Family
950
Businesses
1,341
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