1930 Salmon Run SW, Albany, OR, 97321 | $574/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1930 Salmon Run SW, Albany, OR, 97321 | $574/mo Cash Flow | Ziffy

For Sale

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 1930 Salmon Run SW, Albany, OR, 97321 earns $574/mo cash flow from $3,350/mo rent with a $2,251/mo payment. Total monthly income totals $3,350/mo, and annual cash flow totals $6,886/yr on $152,490 capital. ROI tracks 24.42% on current figures, and rental yield reads 8.74% at a $460,000 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 over five years. Five-year ROI reaches 126.85% and total cumulative return in cash sums $193,429. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,350/mo property income instead of your personal income.

Single Family

Built in 2004

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully maintained 4-bedroom, 2-bathroom home in a desirable neighborhood that reflects true pride of ownership! Youll love the brand-new landscaping with lush sod and the quiet, well-kept streets of this HOA community. A few blocks away, enjoy peaceful walks around the neighborhood pond and scenic trail. Inside, gorgeous engineered hardwood floors flow throughout the home. The inviting living room features a cozy gas fireplace, while the adjacent dining area opens to a covered patio that's perfect for year-round indoor/outdoor dining. The gourmet kitchen has rich cabinetry, stainless steel appliances, pantry, appliance garage, and a sleek new sink. A spacious family room offers flexible living space for gatherings and relaxation. The primary suite includes a walk-in closet and a beautifully updated private bath with dual vanity and new shower doors. The versatile fourth bedroom works perfectly as a home office or hobby room. Youll also find a full guest bath, convenient laundry area, and plenty of thoughtful updates: fresh interior paint, replaced flooring, new blinds, ceiling fans, some doors, toilets, and recent AC service. Step outside to the fully fenced backyard featuring a covered patio and 9x9 detached shed that's ideal for storage or projects. Conveniently located just minutes from shopping, dining, and Linn-Benton Community College. This move-in-ready home combines comfort, quality, and a fantastic locationwelcome home!

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