1659 Salmon Run SW, Albany, OR, 97321 | $429/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1659 Salmon Run SW, Albany, OR, 97321 | $429/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Albany at 1659 Salmon Run SW, Albany, OR, 97321 earns $429/mo cash flow from $3,809/mo rent with a $2,741/mo payment. Total monthly income totals $3,809/mo, and annual cash flow totals $5,144/yr on $184,240 capital. ROI tracks 22.85% on current figures, and rental yield reads 8.16% at a $560,000 purchase. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 over five years. Five-year ROI reaches 118.39% and total cumulative return in cash sums $218,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,809/mo property income instead of your personal income.

Single Family

Built in 2004

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

This 4-bedroom beauty is nestled on a private corner lot with soaring ceilings and a thoughtful floor plan! The main level offers two spacious living areasincluding a bonus rooman open kitchen with a center island, walk-in pantry, and updated LG SS appliances, as well as easily accessible storage options. Youll also find a recently updated water heater and brand-new wide-plank LVP flooring on the main level. Bedrooms are all upstairs, including a generous primary suite featuring a deep tub and a stand up Motivated sellers w/ many negotiable inclusions! 5th room historically marked as 5th bedroom in MLS but lacks built-in closet; listed on tax record as 4 beds + bonus.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97321, Albany, OR area.

Housing Distribution

Housing Statistics

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