








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Albany at 3837 Casting St SE, Albany, OR, 97322 uses $129,285 cash to close to unlock $6,384/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $2,936/mo, and a $1,909/mo payment keeps the spread at $532/mo. Purchase price stands at $390,000, and rental yield measures 9.03% with $2,936/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 129.32% and total cumulative return in cash records $167,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,936/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 2017
4,356 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-24 | Sold | $390,000 |
| 2025-09-08 | Contingent | $394,900 |
| 2025-09-02 | Price change | $394,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $4378.68 | 2.92% | $220,000 | 3.00% |
| 2023-10-24 | $4254.39 | 1.61% | $213,600 | 3.00% |
| 2022-10-24 | $4187.15 | N/A | $207,380 | 3.00% |



Listed by: MELINDA ABRESCH • Premiere Property Group, Llc Albany
Mls Name: WVMLS
Mls Provider:
Mls ID: #830559
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.