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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 500 Ardmore Ln, Albany, GA, 31707 generates $2,204/mo in rent and, after a $1,213/mo payment, leaves $679/mo in cash flow. Total monthly income is $2,204/mo, and annual cash flow is $8,144/yr on $82,179 invested. Return on cash invested sits at 29.82% in year one, and rental yield is 10.67% on a $247,900 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation builds toward $68,490 over five years. Five-year ROI reaches 155.95% and total cumulative return in cash sums $128,159. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,204/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.44 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 |
|---|---|---|
| 2025-05-07 | Sold | $247,900 |
| 2025-03-30 | Pending sale | $249,900 |
| 2025-03-06 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-06 | $2260.86 | 7.86% | $50,348 | N/A |
| 2022-07-06 | $2096.08 | -0.23% | $50,348 | N/A |
| 2021-07-06 | $2101.01 | -0.38% | $50,348 | N/A |
Listed by: Carrie Hutchinson • Re/Max Of Albany
Mls Name: SWGMLS
Mls ID: #164141
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.
