2105 1st Ave SEAlbanyOR97321
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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 2105 1st Ave SE, Albany, OR, 97321 earns $1,200/mo cash flow from $3,234/mo rent with a $1,649/mo payment. Total monthly income totals $3,234/mo, and annual cash flow totals $14,403/yr on $111,716 capital. ROI tracks 32.8% on current figures, and rental yield reads 11.52% at a $337,000 purchase. Equity gained on principal adds $2,175/yr, and 5% annual appreciation supports $93,107 over five years. Five-year ROI reaches 171.8% and total cumulative return in cash sums $191,928. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,234/mo property income instead of your personal income.
Single Family
Built in 1928
4,791 sqft 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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Listed by: PAT PENDLEY • Re/Max Integrity Albany Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #832993
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.