631 W 3rd 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 631 W 3rd Ave, Albany, GA, 31701 with 5% annual appreciation on a $147,900 basis while $1,302/mo rent supports operations. Total monthly income totals $1,302/mo and a $724/mo payment preserves $402/mo for cash returns. Annual cash flow comes to $4,821/yr on $49,029 deployed, and return on cash invested reaches 29.74% in year one. Equity gained on principal adds $954/yr, and five-year appreciation sums $40,862 alongside rental yield of 10.56%. Five-year ROI measures 155.48% and total cumulative return in cash totals $76,231.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,302/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1929
5,227 sqft 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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