








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Albany at 220 7th Ave SE, Albany, OR, 97321 generates $2,471/mo in rent and, after a $1,757/mo payment, leaves $304/mo in cash flow. Total monthly income is $2,471/mo, and annual cash flow is $3,650/yr on $119,009 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 8.26% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 119.12% and total cumulative return in cash sums $141,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,471/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: GARY SMITH • Investment Realty, Inc.
Mls Name: WVMLS
Mls ID: #833743