2151 Three Lakes Rd SE UNIT 6, Albany, OR, 97322 | $215/mo Cash Flow

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2151 Three Lakes Rd SE UNIT 6, Albany, OR, 97322 | $215/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 2151 Three Lakes Rd SE UNIT 6, Albany, OR, 97322 offers a 9.59% rental yield on a $110,000 purchase with $879/mo rent. Total monthly income registers $879/mo, and a $538/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,585/yr on $36,465 to close, and return on cash invested stands at 27% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 140.78% and total cumulative return in cash at $51,336. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $879/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1994

N/A lot

$N/A/sqft

No HOA

More details about the property

Priced to Sell! Beautiful double wide with a great spot across from the park with amenities that include a playground and enclosed dog park. Super clean, well maintained, light and bright and move-in ready. Excellent floor plan with interior laundry, large deck, handy walk-up ramp and garden/utility/storage shed. Quick access to other amenities, services and I5. Location, Location, Location! Buyer must apply and be approved by Three Lakes Estates Management as a condition of sale.