828 11th Ave SW, Albany, OR, 97321 | $395/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

828 11th Ave SW, Albany, OR, 97321 | $395/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1782 sft

201 Dampier Dr, Philomath, OR, 97370

3 Bed
2 Bath
1331 sft

481 NE Conifer Blvd, Corvallis, OR, 97330

2 Bed
2 Bath
1207 sft

2828 NW 29th St, Corvallis, OR, 97330

2 Bed
1 Bath
768 sft

1343 NW 13th St, Corvallis, OR, 97330

Nearby investment properties with comparable prices

3 Bed
2 Bath
1116 sft

3277 SE Midvale Dr, Corvallis, OR, 97333

2 Bed
1 Bath
1412 sft

1010 Main St, Philomath, OR, 97370

2 Bed
2 Bath
1208 sft

108 NE Powderhorn Dr, Corvallis, OR, 97330

2 Bed
1 Bath
888 sft

1850 17th Ave SW, Albany, OR, 97321

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Albany at 828 11th Ave SW, Albany, OR, 97321 uses $112,677 cash to close to unlock $4,739/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $2,447/mo, and a $1,664/mo payment keeps the spread at $395/mo. Purchase price stands at $339,900, and rental yield measures 8.64% with $2,447/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 125.19% and total cumulative return in cash records $141,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,447/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Single Family

Built in 1945

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Accepted Offer with Contingencies. Lovingly maintained 3-bed, 1-bath home (948 sq ft) built in 1945, ready for its next chapter. Inside, freshly updated flooring, cabinets, and interior paint give this classic Albany residence a modern feel. The layout flows from the living room into a bright kitchen, while original charm remains. Sitting on a generous 0.17-acre lot, there's room to grow a garden. Convenient location in central Albany with easy access to schools, parks, and neighborhood amenities.

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