3119 28th Ave SE,Albany,OR,97322

Investment Highlights

Investment property for sale in Albany at 3119 28th Ave SE, Albany, OR, 97322 offers a 7.81% rental yield on a $380,000 purchase with $2,474/mo rent. Total monthly income registers $2,474/mo, and a $1,860/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,162/yr on $125,970 to close, and return on cash invested stands at 21.63% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 111.87% and total cumulative return in cash at $140,929. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,474/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.