








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 420 4th Ave SW, Albany, OR, 97321 generates $2,161/mo in rent, after a $7,097/mo payment. Total monthly income is $2,161/mo. Return on cash invested sits at 3.53% in year one, and rental yield is 1.79% on a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation builds toward $400,608 over five years. Five-year ROI reaches 14.73% and total cumulative return in cash sums $69,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,161/mo property income rather than buyer’s personal income.
Multi Family
Built in 1935
0.30 Acres 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 |
|---|---|---|
| 2025-06-16 | Listed for sale | $1,450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: TIM RIST • Dore
Mls Name: WVMLS
Mls Provider:
Mls ID: #830211
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.