1379 Nolan Ave SE,Albany,OR,97322

Investment Highlights

Investment property for sale in Albany at 1379 Nolan Ave SE, Albany, OR, 97322 offers a 8.46% rental yield on a $413,900 purchase with $2,917/mo rent. Total monthly income registers $2,917/mo, and a $2,026/mo payment leaves $418/mo available for distribution. Annual cash flow reaches $5,022/yr on $137,208 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $2,671/yr while 5% annual appreciation supports $114,353 over five years. Portfolio math shows five-year ROI at 122.28% and total cumulative return in cash at $167,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,917/mo property income against a $2,026/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.