3125 Wax Myrtle Ln, Albany, GA, 31721 | $375/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3125 Wax Myrtle Ln, Albany, GA, 31721 | $375/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Albany at 3125 Wax Myrtle Ln, Albany, GA, 31721 generates $1,622/mo in rent and, after a $1,003/mo payment, leaves $375/mo in cash flow. Total monthly income is $1,622/mo, and annual cash flow is $4,497/yr on $67,958 invested. Return on cash invested sits at 26.53% in year one, and rental yield is 9.49% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 138.2% and total cumulative return in cash sums $93,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,622/mo property income rather than buyer’s personal income.

Single Family

Built in 1996

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Looking for low maintenance and an easier lifestyle? Brighton Place is the place for you! This NW Albany gated community is conveniently located to schools, churches, medical, and shopping. This patio home is MOVE-IN READY and is a safe and secure home alternative to a traditional home. This home has approximately 1441 sq. ft. which includes 2 bedrooms and 2 full bathrooms and designed with an open floor plan for the Kitchen, Great Room, and Dining Room. The Primary bedroom is privately located at the rear of the home and includes a spacious bathroom with a double vanity, shower/soaking tub, and walk-in closet. The second/guest bedroom is at the front of the home and has private access to a full bathroom. There is a formal Dining Room and Breakfast area. Either area could be additional space for in home office or extra living space. Outside is a low maintenance privacy fenced yard. The covered patio is that extra something you have been looking for to entertain family and friends. Together a truly inviting bonus space. Other features of this home include: 1)tray ceilings 2)gas log fireplace 3)wood and ceramic tile flooring 4)ceiling fans 5) alarm system 6)open pass through between Kitchen and Great Room 7)all appliances included 8)plantation shutters & blinds 9)Kitchen with abundant counter space and cabinetry 10)backsplash accent in Kitchen 11) single garage 12) extra parking space 13)front storm door 14) laundry closet 15)chair rail and deep crown molding 16)yearly association fee a low $300.00 17)one level design 18)and so much more..Don't delay on an appointment to see this affordable home. Call a Realtor today!