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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% |
Rental property for sale in Albany at 2893 Raleigh Ct SE, Albany, OR, 97322 priced at $850,000 converts $2,797/mo rent into after a $4,160/mo obligation. Total monthly income equals $2,797/mo. Return on cash invested prints 10.05% in year one, and rental yield reads 3.95% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 49.72% and total cumulative return in cash sums $139,054. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,797/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Multi Family
Built in 2022
6,534 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $850,000 |
| 2024-04-17 | Listing removed | N/A |
| 2024-02-19 | Listed for rent | $2,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-29 | $5069.04 | 1.61% | $254,500 | 3.00% |
| 2022-04-29 | $4988.93 | 562.43% | $247,090 | 542.13% |
| 2021-04-29 | $753.12 | 1.35% | $38,480 | 3.00% |
Listed by: DALLAS FRANCE • More Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #828162
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.
