215 7th 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 215 7th Ave SE, Albany, OR, 97321 at $310,000 posts ROI 19.62% with from $1,846/mo rent. Total monthly income equals $1,846/mo. Return on cash invested measures 19.62% and rental yield reads 7.15% at the current $310,000. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 by year five. Five-year ROI prints 101.12% and total cumulative return in cash totals $103,915. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,846/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
3,484 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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