2641 Crocker Ln NW, Albany, OR, 97321 | $609/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2641 Crocker Ln NW, Albany, OR, 97321 | $609/mo Cash Flow | Ziffy

For Sale

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 2641 Crocker Ln NW, Albany, OR, 97321 listed at $460,000 pairs $3,385/mo rent with a $2,251/mo payment to leave $609/mo cash flow. Total monthly income runs $3,385/mo, and annual cash flow reaches $7,306/yr on $152,490 cash to close. Return on cash invested measures 24.7% in year one, and rental yield registers 8.83% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 128.32% and total cumulative return in cash totals $195,673. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,385/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1981

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

First time on the market in nearly 25 years! This classic Northwest-style home is full of potential and ready for its next chapter. Located in a sought-after NW Albany neighborhood, the home features a mix of carpet and wood floors, vaulted ceilings, and a wall of west-facing windows that fill the space with dappled light; the details of this home capture the spirit of NW contemporary design. With both formal and informal dining areas, plus separate living and family rooms, the layout offers excellent flexibility and separation between shared living spaces and bedrooms. The generously sized lot provides ample room for extra vehicles, recreational toys, or an RVplus space for backyard play, gardening, or entertaining. Dont miss the chance to make this well-located and well-loved home yours!Last Updated: 7/2/2025 6:14:11 PM

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