








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 1665 Elk Cir SW, Albany, OR, 97321 earns from $2,707/mo rent with a $2,202/mo payment. Total monthly income totals $2,707/mo. ROI tracks 19.7% on current figures, and rental yield reads 7.22% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 101.56% and total cumulative return in cash sums $151,462. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,707/mo property income instead of your personal income.
Single Family
Built in 2005
6,534 sqft lot
$N/A/sqft
$85 annually HOA
Neighborhood data shown for ZIP Code: 97321, Albany, OR area.
| 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 |
Residential
12,191
Single Family
11,770
Multi-Family
421
Businesses
1,449
Date | Event | Price |
|---|---|---|
| 2025-04-05 | Listed for sale | $449,900 |
| 2006-07-27 | Sold | $207,000 |
| 2005-03-18 | Sold | $182,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-05 | $4496.21 | 1.60% | $225,740 | 3.00% |
| 2022-04-05 | $4425.22 | 6.26% | $219,170 | 3.00% |
| 2021-04-05 | $4164.63 | 1.35% | $212,790 | 3.00% |



Listed by: JASON CADWELL • Jmg Jason Mitchell Group-Albany
Mls Name: WVMLS
Mls Provider:
Mls ID: #827285
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.