1145 NW Jordan DrAlbanyOR97321
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Nearby investment properties with comparable prices
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 1145 NW Jordan Dr, Albany, OR, 97321 offers $3,984/mo rent that, after a $3,397/mo payment. Total monthly income is $3,984/mo. Return on cash invested measures 18.27% in year one, and rental yield stands at 6.89% at a $694,000 entry. Equity gained on principal adds $4,478/yr while 5% annual appreciation compounds into $191,739 by year five. Five-year ROI records 94.08% and total cumulative return in cash reaches $214,816. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,984/mo property income versus a $3,397/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97321, Albany, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,191
Single Family
11,770
Multi-Family
421
Businesses
1,449
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Nearby investment properties with comparable prices
Listed by: JOEL BUMGARNER • Redfin
Mls Name: WVMLS
Mls Provider:
Mls ID: #829008
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.