LOT 53 Meadowlark #PENTHOUSE 2,Albany,OR,97322

Investment Highlights

Investment property for sale in Albany at LOT 53 Meadowlark #PENTHOUSE 2, Albany, OR, 97322 offers a 8.73% rental yield on a $358,000 purchase with $2,605/mo rent. Total monthly income registers $2,605/mo, and a $1,752/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,331/yr on $118,677 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $2,310/yr while 5% annual appreciation supports $98,909 over five years. Portfolio math shows five-year ROI at 126.75% and total cumulative return in cash at $150,426. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,605/mo property income against a $1,752/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.