1301 Nolan Ave SEAlbanyOR97322
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1301 Nolan Ave SE, Albany, OR, 97322 in Albany. Priced at $328,900, it generates $2,935/mo in gross rent and $776/mo in net monthly cash flow, a 10.71% yield that comfortably supports the 1.98 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,311. Five-year appreciation: $90,869. Equity from principal paydown: $3,029/yr. Total projected cumulative return: $175,190.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.5% |
| Monthly Cash Flow | $776 | $420 |
City averages based on Albany market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,935 |
| Total Monthly Debt Service | $2,028 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
2,526 sqft lot
$N/A/sqft
$174 monthly HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 2026
2,526 sqft lot
$N/A/sqft
$174 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LOUIS JAEGER • Lennar Homes
Mls Name: WVMLS
Mls Provider:
Mls ID: #840804
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.