1815 Elm St SWAlbanyOR97321
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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
Investment Highlights
Investment property for sale in Albany at 1815 Elm St SW, Albany, OR, 97321 uses $134,357 cash to close to unlock $1,551/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $2,576/mo, and a $1,984/mo payment keeps the spread at $129/mo. Purchase price stands at $405,300, and rental yield measures 7.63% with $2,576/mo rent. Return on cash invested shows 21.06% in year one, and 5% annual appreciation builds toward $111,977 over five years. Five-year ROI reaches 108.85% and total cumulative return in cash records $146,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,576/mo property income covering a $1,984/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,191
Single Family
11,770
Multi-Family
421
Businesses
1,449
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