








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 1280 7th Ave SW, Albany, OR, 97321 uses $140,854 cash to close to unlock $8,735/yr annual cash flow and $728/mo monthly cash flow. Total monthly income runs $3,293/mo, and a $2,080/mo payment keeps the spread at $728/mo. Purchase price stands at $424,900, and rental yield measures 9.3% with $3,293/mo rent. Return on cash invested shows 26.11% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 135.89% and total cumulative return in cash records $191,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,293/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,663 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $424,900 |
| 2025-01-29 | Listing removed | $399,900 |
| 2025-01-08 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-24 | $3131.66 | 1.60% | $157,230 | 2.99% |
| 2022-04-24 | $3082.32 | N/A | $152,660 | 3.00% |
| 2021-04-24 | N/A | N/A | $148,220 | 2.99% |



Listed by: SAMANTHA ALLEY • Re/Max Integrity Corvallis Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #828043
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.