








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 Canby at 10038 S New Era Rd UNIT 96, Canby, OR, 97013 generates $1,191/mo in rent and, after a $734/mo payment, leaves $286/mo in cash flow. Total monthly income is $1,191/mo, and annual cash flow is $3,429/yr on $49,725 invested. Return on cash invested sits at 26.8% in year one, and rental yield is 9.53% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 139.64% and total cumulative return in cash sums $69,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,191/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97013, Canby, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,696 (100%) |
| Owner Occupied HU | 6,936 (71.5%) |
| Renter Occupied HU | 2,486 (25.6%) |
| Vacant Housing Units | 274 ( 2.8%) |
| Median Home Value | $597,733 |
| Average Home Value | $656,917 |
Residential
9,590
Single Family
9,178
Multi-Family
412
Businesses
856
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Listed for sale | $150,000 |
| 2024-09-12 | Pending sale | $150,000 |
| 2024-08-31 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-10-14 | N/A | N/A | $11,640 | 12.36% |
| 2017-10-14 | N/A | N/A | $10,360 | 11.64% |
| 2016-10-14 | N/A | N/A | $9,280 | N/A |



Listed by: JOSSELYN TOSCAN • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #821180
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.