0 Kelly Creek LnNew Pine CreekOR97635
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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
Investment Highlights
Rental property for sale in New Pine Creek at 0 Kelly Creek Ln, New Pine Creek, OR, 97635 priced at $600,000 converts $1,892/mo rent into after a $2,937/mo obligation. Total monthly income equals $1,892/mo. Return on cash invested prints 9.54% in year one, and rental yield reads 3.78% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 47.02% and total cumulative return in cash sums $92,808. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,892/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97635, New Pine Creek, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 70 (100%) |
| Owner Occupied HU | 39 (55.7%) |
| Renter Occupied HU | 13 (18.6%) |
| Vacant Housing Units | 18 (25.7%) |
| Median Home Value | $239,773 |
| Average Home Value | $281,474 |
Housing Distribution
Address Breakdown
Residential
4
Single Family
4
Multi-Family
0
Businesses
8
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Listed by: Rich Bradbury • High Country Real Estate
Mls Name: My State MLS
Mls ID: #11563432