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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% |
Rental property for sale in Albany at 1902 W Broad Ave, Albany, GA, 31707 priced at $119,000 pairs $1,076/mo rent with $352/mo cash flow after a $582/mo payment. Total monthly income equals $1,076/mo, and annual cash flow comes to $4,226/yr on $39,449 invested. Return on cash invested is 30.62% in year one, and rental yield stands at 10.85% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 160.29% and total cumulative return in cash reaches $63,233. For financing, Ziffy Mortgage’s DSCR program evaluates $1,076/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.26 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carrie Hutchinson • RE/MAX OF ALBANY
Mls Name: SWGMLS
Mls ID: #167253
