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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 6152 Weldon Pl SW, Albany, OR, 97321 priced at $355,000 converts $2,310/mo rent into $167/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,310/mo, and annual cash flow totals $2,001/yr on $117,683 invested. Return on cash invested prints 21.61% in year one, and rental yield reads 7.81% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 111.77% and total cumulative return in cash sums $131,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,310/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 1976
6,098 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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $355,000 |
| 2017-12-15 | Sold | $309,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-16 | $3095.14 | 1.60% | $180,190 | 3.00% |
| 2022-03-16 | $3046.35 | 6.25% | $174,950 | 3.00% |
| 2021-03-16 | $2867.02 | 1.34% | $169,860 | 3.00% |
Listed by: ANDREW KINDER • John L Scott Eugene
Mls Name: WVMLS
Mls Provider:
Mls ID: #826517
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.
