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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 32483 Oakville Rd SW SPACE 11, Albany, OR, 97321 generates $1,770/mo in rent and, after a $641/mo payment, leaves $979/mo in cash flow. Total monthly income is $1,770/mo, and annual cash flow is $11,753/yr on $43,427 invested. Return on cash invested sits at 46.97% in year one, and rental yield is 16.21% on a $131,000 entry. Equity gained on principal adds $845/yr, while 5% annual appreciation builds toward $36,193 over five years. Five-year ROI reaches 247.82% and total cumulative return in cash sums $107,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,770/mo property income rather than buyer’s personal income.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97321, Albany, OR area.
| 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 |
Residential
12,191
Single Family
11,770
Multi-Family
421
Businesses
1,449
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Sold | $131,000 |
| 2025-09-13 | Contingent | $140,000 |
| 2025-08-20 | Price change | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar price properties found nearby.
Listed by: LAURA GILLOTT • Keller Williams Realty Mid-Willamette - Gillott Team
Mls Name: WVMLS
Mls Provider:
Mls ID: #832038
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.
