2003 13th Ave SW, Albany, OR, 97321 | $311/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2003 13th Ave SW, Albany, OR, 97321 | $311/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 2003 13th Ave SW, Albany, OR, 97321 uses $132,600 cash to close to unlock $3,736/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $2,726/mo, and a $1,958/mo payment keeps the spread at $311/mo. Purchase price stands at $400,000, and rental yield measures 8.18% with $2,726/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 117.76% and total cumulative return in cash records $156,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,726/mo property income covering a $1,958/mo payment rather than investor’s personal income.

Single Family

Built in 2021

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Built in 2021, this 3-bedroom, 2-bath gem offers 1,394 sq ft of comfortable living with modern finishes throughout. Enjoy year-round comfort with gas forced-air heat and central AC. The spacious primary suite includes a private bath and a walk-in closet. Outside, youll find a fully fenced backyard ready for play, pets, or summer BBQs. The attached 2-car garage provides plenty of parking and storage. Ideally located on a low-traffic street close to schools, parks, and all the conveniences of Albany.

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