5050 Columbus St SE UNIT 100, Albany, OR, 97322 | $220/mo Cash Flow

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5050 Columbus St SE UNIT 100, Albany, OR, 97322 | $220/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Albany at 5050 Columbus St SE UNIT 100, Albany, OR, 97322 offers a 9.27% rental yield on a $130,000 purchase with $1,004/mo rent. Total monthly income registers $1,004/mo, and a $636/mo payment leaves $220/mo available for distribution. Annual cash flow reaches $2,635/yr on $43,095 to close, and return on cash invested stands at 26.02% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 135.47% and total cumulative return in cash at $58,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,004/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

This one is a charmer. Located in Columbus Greens, providing easy access to Albany shopping and schools. Formerly the park office managers office, this corner lot home features 3 parking spots, 2 at the carport and 1 additional. Recently updated BOTH bathrooms, as well as exterior paint in 2024 and vinyl windows in 2023. Quality laminated flooring also. Enjoy the covered deck for coffee in the morning, and access to a shed in the carport for storage. Seller to credit Buyer 5 months of park rent at closing. In the associated documents, please check out the information on financing options provided by my friend Greg Bolton at Landmark Professional Mortgage.