2942 Mount Vernon St SE, Albany, OR, 97322 | $232/mo Cash Flow

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 2942 Mount Vernon St SE, Albany, OR, 97322 uses $129,252 cash to close to unlock $2,782/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $2,585/mo, and a $1,908/mo payment keeps the spread at $232/mo. Purchase price stands at $389,900, and rental yield measures 7.96% with $2,585/mo rent. Return on cash invested shows 22.06% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 114.17% and total cumulative return in cash records $147,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,585/mo property income covering a $1,908/mo payment rather than investor’s personal income.

Single Family

Built in 2001

5,227 sqft lot

$N/A/sqft

No HOA