




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 431 8th Ave SW, Albany, OR, 97321 at $635,000 posts ROI 20.77% with $123/mo cash flow from $3,956/mo rent. Total monthly income equals $3,956/mo, and annual cash flow records $1,476/yr on $208,915 to close. Return on cash invested measures 20.77% and rental yield reads 7.48% at the current $635,000. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 by year five. Five-year ROI prints 107.23% and total cumulative return in cash totals $224,012.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,956/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1908
7,405 sqft 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 |
|---|---|---|
| 2025-08-15 | Sold | $635,000 |
| 2025-08-12 | Pending sale | $675,000 |
| 2025-06-04 | Contingent | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $5211.22 | 2.92% | $261,830 | 3.00% |
| 2023-10-17 | $5063.25 | 1.61% | $254,210 | 3.00% |
| 2022-10-17 | $4983.26 | 6.25% | $246,810 | 3.00% |



Listed by: KAREN ROSENBERG • Town & Country Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #828503
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.