








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Independence at 1005 Sassafras St, Independence, OR, 97351 with 5% annual appreciation on a $542,500 basis while $3,094/mo rent supports operations. 85% in year one. Equity gained on principal adds $3,501/yr, and five-year appreciation sums $149,883 alongside rental yield of 6.84%. Five-year ROI measures 96.91% and total cumulative return in cash totals $172,963. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,094/mo property income versus a $2,655/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
5,225 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97351, Independence, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,369 (100%) |
| Owner Occupied HU | 2,647 (60.6%) |
| Renter Occupied HU | 1,605 (36.7%) |
| Vacant Housing Units | 117 ( 2.7%) |
| Median Home Value | $427,687 |
| Average Home Value | $490,376 |
Residential
4,271
Single Family
4,110
Multi-Family
161
Businesses
323
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Price change | $542,500 |
| 2024-04-25 | Price change | $535,000 |
| 2023-08-15 | Listed for sale | $530,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-23 | $1254.05 | N/A | $65,910 | N/A |



Listed by: CHET GRAHAM • Realty First Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #829240
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.