714 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
Rental property for sale in Albany at 714 3rd Ave, Albany, GA, 31701 generates $1,302/mo in rent, after a $1,076/mo payment. Total monthly income is $1,302/mo. Return on cash invested sits at 19.32% in year one, and rental yield is 7.11% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 99.53% and total cumulative return in cash sums $72,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,302/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
0.37 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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