777 College Park Dr SW #51, Albany, OR, 97321 | $1,389/mo Cash Flow

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777 College Park Dr SW #51, Albany, OR, 97321 | $1,389/mo Cash Flow | Ziffy

Off market

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 777 College Park Dr SW #51, Albany, OR, 97321 offers a 20.67% rental yield on a $190,460 purchase with $3,280/mo rent. Total monthly income registers $3,280/mo, and a $932/mo payment leaves $1,389/mo available for distribution. Annual cash flow reaches $16,663/yr on $63,137 to close, and return on cash invested stands at 46.3% in year one. Equity gained on principal adds $1,229/yr while 5% annual appreciation supports $52,621 over five years. Portfolio math shows five-year ROI at 249.32% and total cumulative return in cash at $157,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,280/mo property income against a $932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1996

3,500 sqft lot

$N/A/sqft

$742 monthly HOA

More details about the property

Beautiful triplewide with large fenced back yard. 4 bd 2 ba must see home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97321, Albany, OR area.

Housing Distribution

Housing Statistics

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