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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1635 Main St SE, Albany, OR, 97322 offers a 7.96% rental yield on a $300,000 purchase with $1,990/mo rent. Total monthly income registers $1,990/mo, and a $1,468/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,154/yr on $99,450 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 114.28% and total cumulative return in cash at $113,652. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,990/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: JOEL BUMGARNER • Redfin
Mls Name: WVMLS
Mls ID: #832158
