906 11th Ave SW, Albany, OR, 97321 | $286/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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906 11th Ave SW, Albany, OR, 97321 | $286/mo Cash Flow | Ziffy

For Sale

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 906 11th Ave SW, Albany, OR, 97321 listed at $364,000 pairs $2,484/mo rent with a $1,782/mo payment to leave $286/mo cash flow. Total monthly income runs $2,484/mo, and annual cash flow reaches $3,437/yr on $120,666 cash to close. Return on cash invested measures 22.76% in year one, and rental yield registers 8.19% at a $364,000 basis. Equity gained on principal adds $2,349/yr, and annual property appreciation at 5% supports $100,566 by year five. Five-year ROI tracks 117.93% and total cumulative return in cash totals $142,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,484/mo property income relative to a $1,782/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1940

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

Accepted Offer with Contingencies. Discover the perfect mix of character, charm, and convenience at this lovely Albany home. Enjoy the warmth of the gas fireplace in the living area, creating a warm and welcoming space for relaxing or gathering with friends. The updated kitchen offers generous cabinetry, beautiful quartz countertops, stainless steel appliances and a spacious walk in pantry. The oversized primary bedroom features built-ins, a walk in closet and private backyard access. Complete with a full bathroom and laundry room on the main level. Upstairs two bedrooms with a common space for a family room, playroom or office space. Outside is a fenced landscaped backyard ready for gardening, play, or peaceful evenings under the sky. Nestled close to parks, schools, and all that downtown Albany has to offer, this move-in ready home invites you to start your next chapter in style.

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