607 16th AveAlbanyGA31701
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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 607 16th Ave, Albany, GA, 31701 listed at $139,900 pairs $979/mo rent with a $685/mo payment to leave $127/mo cash flow. Total monthly income runs $979/mo, and annual cash flow reaches $1,527/yr on $46,377 cash to close. Return on cash invested measures 23.2% in year one, and rental yield registers 8.4% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 120.43% and total cumulative return in cash totals $55,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $979/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.55 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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