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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 885 N Pointe Dr, Albany, OR, 97321 offers $3,234/mo rent that, after a $2,545/mo payment, leaves $95/mo cash flow. Total monthly income is $3,234/mo, and annual cash flow is $1,145/yr on $171,047 cash. Return on cash invested measures 20.73% in year one, and rental yield stands at 7.46% at a $519,900 entry. Equity gained on principal adds $3,355/yr while 5% annual appreciation compounds into $143,639 by year five. Five-year ROI records 107.02% and total cumulative return in cash reaches $183,052. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,234/mo property income versus a $2,545/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,662 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Thomas Fisher • Coldwell Banker Bain
Mls Name: RMLS (OR)
Mls ID: #145071838
