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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 2005 Waddell Ave, Albany, GA, 31707 at $128,500 posts ROI 24.77% with $173/mo cash flow from $991/mo rent. Total monthly income equals $991/mo, and annual cash flow records $2,071/yr on $42,598 to close. Return on cash invested measures 24.77% and rental yield reads 9.25% at the current $128,500. Equity gained on principal adds $829/yr, and 5% annual appreciation supports $35,502 by year five. Five-year ROI prints 129.22% and total cumulative return in cash totals $55,044.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $991/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.25 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 |
|---|---|---|
| 2025-01-17 | Listed for sale | $128,500 |
| 2011-02-28 | Sold | $74,900 |
| 2010-06-16 | Price change | $79,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1502.00 | 7.86% | $32,120 | N/A |
| 2022-02-16 | $1392.54 | -0.23% | $32,120 | N/A |
| 2021-02-16 | $1395.81 | -0.38% | $32,120 | N/A |
Listed by: Leigh Windham • Re/Max Of Albany
Mls Name: SWGMLS
Mls ID: #164247
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.
