








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 3036 Railroad St SE, Albany, OR, 97322 generates $2,666/mo in rent and, after a $1,860/mo payment, leaves $352/mo in cash flow. Total monthly income is $2,666/mo, and annual cash flow is $4,223/yr on $125,970 invested. Return on cash invested sits at 23.26% in year one, and rental yield is 8.42% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 120.68% and total cumulative return in cash sums $152,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,666/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
6,098 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Sold | $380,000 |
| 2025-07-10 | Pending sale | $389,000 |
| 2025-07-08 | Contingent | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $3929.47 | 2.92% | $197,430 | 3.00% |
| 2023-10-31 | $3817.82 | 1.61% | $191,680 | 3.00% |
| 2022-10-31 | $3757.50 | N/A | $186,100 | 3.00% |



Listed by: BILL RASCHKO • Re/Max Integrity Albany Branch
Mls Name: WVMLS
Mls Provider:
Mls ID: #830125
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.