1510 Lafayette St SEAlbanyOR97322
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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 1510 Lafayette St SE, Albany, OR, 97322 generates $2,153/mo in rent, after a $1,809/mo payment. Total monthly income is $2,153/mo. Return on cash invested sits at 19.15% in year one, and rental yield is 6.99% on a $369,500 entry. Equity gained on principal adds $2,384/yr, while 5% annual appreciation builds toward $102,086 over five years. Five-year ROI reaches 98.58% and total cumulative return in cash sums $120,748. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,153/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
0.30 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: MICHAEL KOSMICKI • Re/Max Integrity Albany Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #829351
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.