








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 2005 Lynx Ave SW, Albany, OR, 97321 offers a 8.32% rental yield on a $480,000 purchase with $3,329/mo rent. Total monthly income registers $3,329/mo, and a $2,349/mo payment leaves $374/mo available for distribution. Annual cash flow reaches $4,489/yr on $159,120 to close, and return on cash invested stands at 22.73% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 117.95% and total cumulative return in cash at $187,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,329/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
9,148 sqft lot
$N/A/sqft
$100 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 |
|---|---|---|
| 2025-09-26 | Sold | $480,000 |
| 2025-09-10 | Pending sale | $495,000 |
| 2025-09-03 | Contingent | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $5252.64 | 2.92% | $263,910 | 3.00% |
| 2023-10-29 | $5103.48 | 1.61% | $256,230 | 3.00% |
| 2022-10-29 | $5022.83 | 6.26% | $248,770 | 3.00% |



Listed by: SAMANTHA ALLEY • Re/Max Integrity Corvallis Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #830291
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.