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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Albany at 911 3rd Ave, Albany, GA, 31701 offers a 3.94% rental yield on a $685,000 purchase with $2,251/mo rent. 85% in year one. Equity gained on principal adds $4,420/yr while 5% annual appreciation supports $189,253 over five years. Portfolio math shows five-year ROI at 48.71% and total cumulative return in cash at $109,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,251/mo property income against a $3,353/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31701, Albany, GA area.
| 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 |
Residential
8,167
Single Family
7,582
Multi-Family
585
Businesses
1,332
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Listed for sale | $685,000 |
| 2016-12-30 | Sold | $112,000 |
| 2013-04-30 | Sold | $15,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $4057.08 | 7.86% | $86,760 | N/A |
| 2022-01-09 | $3761.40 | -0.23% | $86,760 | N/A |
| 2021-01-09 | $3770.25 | -0.38% | $86,760 | N/A |
Listed by: Callie Hughey Walker • Hughey & Neuman, Inc.
Mls Name: SWGMLS
Mls ID: #163890
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.
