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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 34505 Riverside Dr SW UNIT 15, Albany, OR, 97321 generates $985/mo in rent and, after a $636/mo payment, leaves $201/mo in cash flow. Total monthly income is $985/mo, and annual cash flow is $2,407/yr on $43,095 invested. Return on cash invested sits at 25.49% in year one, and rental yield is 9.09% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 132.61% and total cumulative return in cash sums $57,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $985/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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: PAT PENDLEY • Re/Max Integrity Albany Branch
Mls Name: WVMLS
Mls ID: #834480
