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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 840 N Pointe Dr NW, Albany, OR, 97321 priced at $527,000 pairs $3,104/mo rent with after a $2,579/mo payment. Total monthly income equals $3,104/mo. Return on cash invested is 18.91% in year one, and rental yield stands at 7.07% on a $527,000 basis. Equity gained on principal adds $3,401/yr, and 5% annual appreciation accumulates to $145,600 by year five. Five-year ROI measures 97.47% and total cumulative return in cash reaches $168,997. For financing, Ziffy Mortgage’s DSCR program evaluates $3,104/mo property income against a $2,579/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
6,098 sqft lot
$N/A/sqft
$90 monthly 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 |
|---|---|---|
| 2025-04-29 | Listed for sale | $527,000 |
| 2021-08-26 | Sold | $425,000 |
| 2021-07-14 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-01 | $4648.00 | 1.53% | $254,485 | 3.00% |
| 2022-05-01 | $4578.07 | 5.59% | $247,073 | 3.00% |
| 2021-05-01 | $4335.56 | 1.86% | $239,877 | 3.00% |
Listed by: JOHN TACKE • Northwest Realty Consultants
Mls Name: WVMLS
Mls Provider:
Mls ID: #828271
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.
