32483 Oakville Rd SW UNIT 23AlbanyOR97321
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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
Rental property for sale in Albany at 32483 Oakville Rd SW UNIT 23, Albany, OR, 97321 generates $2,700/mo in rent and, after a $626/mo payment, leaves $1,323/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $15,875/yr on $42,429 invested. Return on cash invested sits at 57.32% in year one, and rental yield is 25.31% on a $127,990 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation builds toward $35,361 over five years. Five-year ROI reaches 309.49% and total cumulative return in cash sums $131,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
$605 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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