629 Fulton St SEAlbanyOR97322
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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
Investment Highlights
Rental property for sale in Albany at 629 Fulton St SE, Albany, OR, 97322 priced at $329,900 converts $1,865/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,865/mo. Return on cash invested prints 18.52% in year one, and rental yield reads 6.78% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 95.21% and total cumulative return in cash sums $104,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,865/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: JASON GILES SR. • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #826714
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.