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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Albany at 2890 23rd Ave NW, Albany, OR, 97321 offers a 7.1% rental yield on a $579,000 purchase with $3,424/mo rent. 61% in year one. Equity gained on principal adds $3,736/yr while 5% annual appreciation supports $159,967 over five years. Portfolio math shows five-year ROI at 101.01% and total cumulative return in cash at $192,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,424/mo property income against a $2,834/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
4,792 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: CHAO TAN • More Realty
Mls Name: WVMLS
Mls ID: #831815
