1999 Columbus Pl SE, Albany, OR, 97322 | $242/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1999 Columbus Pl SE, Albany, OR, 97322 | $242/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

Rental property for sale in Albany at 1999 Columbus Pl SE, Albany, OR, 97322 generates $2,623/mo in rent and, after a $1,931/mo payment, leaves $242/mo in cash flow. Total monthly income is $2,623/mo, and annual cash flow is $2,899/yr on $130,777 invested. Return on cash invested sits at 22.13% in year one, and rental yield is 7.98% on a $394,500 entry. Equity gained on principal adds $2,546/yr, while 5% annual appreciation builds toward $108,993 over five years. Five-year ROI reaches 114.54% and total cumulative return in cash sums $149,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,623/mo property income rather than buyer’s personal income.

Single Family

Built in 1977

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Large corner lot, and across from South Albany High School, Well maintained 3 bedrooms, 2 bath, Cozy living room with fireplace, updated with vinyl window Updated interior and exterior paint, thermostat, roof, heat pump, Indoor laundry room with shelving, large master bedroom with extra closet, master bath with shower, 2 door garage with shelves, Large covered patio for entertainment, and a shed for storage, all fenced in yard.