4059 Edgewater Dr NEAlbanyOR97322
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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
Investment property for sale in Albany at 4059 Edgewater Dr NE, Albany, OR, 97322 offers a 8.06% rental yield on a $499,900 purchase with $3,356/mo rent. Total monthly income registers $3,356/mo, and a $2,447/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,459/yr on $165,717 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 113.98% and total cumulative return in cash at $188,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,356/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,400 sqft lot
$N/A/sqft
$90 semi-annually HOA
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Nearby investment properties with comparable prices
Listed by: AARON STEFANEK • Sundance Realty Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #827262
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.