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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 6118 Weldon Pl SW, Albany, OR, 97321 priced at $414,700 pairs $2,664/mo rent with $161/mo cash flow after a $2,030/mo payment. Total monthly income equals $2,664/mo, and annual cash flow comes to $1,927/yr on $137,473 invested. Return on cash invested is 21.31% in year one, and rental yield stands at 7.71% on a $414,700 basis. Equity gained on principal adds $2,676/yr, and 5% annual appreciation accumulates to $114,574 by year five. Five-year ROI measures 110.17% and total cumulative return in cash reaches $151,451. For financing, Ziffy Mortgage’s DSCR program evaluates $2,664/mo property income against a $2,030/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
10,019 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 |
|---|---|---|
| 2025-03-04 | Listed for sale | $414,700 |
| 2022-02-15 | Sold | $375,000 |
| 2022-01-05 | Contingent | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-04 | $3862.02 | 1.60% | $193,900 | 3.00% |
| 2022-03-04 | $3801.09 | 6.26% | $188,260 | 3.00% |
| 2021-03-04 | $3577.28 | 1.35% | $182,780 | 3.00% |
Listed by: ANDREA FAHY • Homesmart Realty Group - Corvallis
Mls Name: WVMLS
Mls Provider:
Mls ID: #825881
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.
