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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 2012 W Lakeridge Dr, Albany, GA, 31707 earns $262/mo cash flow from $1,440/mo rent with a $947/mo payment. Total monthly income totals $1,440/mo, and annual cash flow totals $3,149/yr on $64,145 capital. ROI tracks 24.82% on current figures, and rental yield reads 8.93% at a $193,500 purchase. Equity gained on principal adds $1,249/yr, and 5% annual appreciation supports $53,460 over five years. Five-year ROI reaches 129.07% and total cumulative return in cash sums $82,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 1960
0.38 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: Allan Willcox • WILLCOX REALTY COMPANY
Mls Name: SWGMLS
Mls ID: #167161
