605 Florence DrAlbanyGA31707
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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
Investment property for sale in Albany at 605 Florence Dr, Albany, GA, 31707 with 5% annual appreciation on a $149,900 basis while $1,218/mo rent supports operations. Total monthly income totals $1,218/mo and a $734/mo payment preserves $266/mo for cash returns. Annual cash flow comes to $3,195/yr on $49,692 deployed, and return on cash invested reaches 26.34% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.75%. Five-year ROI measures 137.62% and total cumulative return in cash totals $68,387.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,218/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1986
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31707, Albany, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,610
Single Family
10,660
Multi-Family
950
Businesses
1,341
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Listed by: Alan Martin • Flint Realty LLC
Mls Name: SWGMLS
Mls ID: #164527
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.