308 Muirfield Ave NWAlbanyOR97321
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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
Investment property for sale in Albany at 308 Muirfield Ave NW, Albany, OR, 97321 uses $170,883 cash to close to unlock $3,814/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $3,558/mo, and a $2,542/mo payment keeps the spread at $318/mo. Purchase price stands at $519,400, and rental yield measures 8.22% with $3,558/mo rent. Return on cash invested shows 22.29% in year one, and 5% annual appreciation builds toward $143,501 over five years. Five-year ROI reaches 115.65% and total cumulative return in cash records $197,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,558/mo property income covering a $2,542/mo payment rather than investor’s personal income.
Single Family
Built in 2011
5,227 sqft lot
$N/A/sqft
$84 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97321, Albany, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,191
Single Family
11,770
Multi-Family
421
Businesses
1,449
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