2517 Martin Luther King Jr DrAlbanyGA31701
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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
Rental property for sale in Albany at 2517 Martin Luther King Jr Dr, Albany, GA, 31701 offers $1,140/mo rent that, after a $905/mo payment, leaves $15/mo cash flow. Total monthly income is $1,140/mo, and annual cash flow is $176/yr on $61,294 cash. Return on cash invested measures 20.2% in year one, and rental yield stands at 7.4% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 104.26% and total cumulative return in cash reaches $63,907. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31701, Albany, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,184 (100%) |
| Owner Occupied HU | 2,881 (31.4%) |
| Renter Occupied HU | 4,773 (52.0%) |
| Vacant Housing Units | 1,530 (16.7%) |
| Median Home Value | $152,416 |
| Average Home Value | $184,358 |
Housing Distribution
Address Breakdown
Residential
8,167
Single Family
7,582
Multi-Family
585
Businesses
1,332
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Listed by: Karen Richter • Re/Max Of Albany
Mls Name: SWGMLS
Mls ID: #163680
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.