286 Casting St SEAlbanyOR97322
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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
Rental property for sale in Albany at 286 Casting St SE, Albany, OR, 97322 priced at $462,500 converts $3,001/mo rent into $82/mo cash flow after a $2,264/mo obligation. Total monthly income equals $3,001/mo, and annual cash flow totals $986/yr on $153,319 invested. Return on cash invested prints 20.55% in year one, and rental yield reads 7.79% against a $462,500 entry. Equity gained on principal adds $2,984/yr, while 5% annual appreciation compiles into $127,780 by year five. Five-year ROI reaches 106.47% and total cumulative return in cash sums $163,242. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,001/mo property income covering a $2,264/mo payment, not borrower’s personal income.
Single Family
Built in 2006
4,792 sqft lot
$N/A/sqft
$88 quarterly HOA
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Nearby investment properties with comparable prices
Listed by: AUTUMN TRAIN • Oare & Associates Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #829635
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.