








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Albany at 1102 NE 16th Ave, Albany, OR, 97321 generates $3,178/mo in rent and, after a $2,012/mo payment, leaves $697/mo in cash flow. Total monthly income is $3,178/mo, and annual cash flow is $8,361/yr on $136,247 invested. Return on cash invested sits at 26.05% in year one, and rental yield is 9.28% on a $411,000 entry. Equity gained on principal adds $2,652/yr, while 5% annual appreciation builds toward $113,552 over five years. Five-year ROI reaches 135.55% and total cumulative return in cash sums $184,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,178/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97321, Albany, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,501 (100%) |
| Owner Occupied HU | 8,923 (71.4%) |
| Renter Occupied HU | 3,233 (25.9%) |
| Vacant Housing Units | 345 ( 2.8%) |
| Median Home Value | $503,213 |
| Average Home Value | $539,335 |
Residential
12,191
Single Family
11,770
Multi-Family
421
Businesses
1,449
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: ROBERT WENTLAND • Keller Williams Realty Mid Willamette
Mls Name: WVMLS
Mls ID: #833211