706 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 706 16th Ave, Albany, GA, 31701 earns $219/mo cash flow from $1,302/mo rent with a $871/mo payment. Total monthly income totals $1,302/mo, and annual cash flow totals $2,627/yr on $59,007 capital. ROI tracks 24.36% on current figures, and rental yield reads 8.78% at a $178,000 purchase. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 over five years. Five-year ROI reaches 126.6% and total cumulative return in cash sums $74,701. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,302/mo property income instead of your personal income.
Single Family
Built in 1955
0.26 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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Listed by: Jaycee Jeffery • Era All In One Realty
Mls Name: SWGMLS
Mls ID: #163363
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.