1015 Oak St UNIT 109SilvertonOR97381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Silverton at 1015 Oak St UNIT 109, Silverton, OR, 97381 offers a 10.29% rental yield on a $345,000 purchase with $2,957/mo rent. Total monthly income registers $2,957/mo, and a $1,689/mo payment leaves $811/mo available for distribution. Annual cash flow reaches $9,733/yr on $114,368 to close, and return on cash invested stands at 28.42% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 148.55% and total cumulative return in cash at $169,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,957/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
4,840 sqft lot
$N/A/sqft
$63 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97381, Silverton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 4,593 (70.4%) |
| Renter Occupied HU | 1,674 (25.6%) |
| Vacant Housing Units | 261 ( 4.0%) |
| Median Home Value | $585,629 |
| Average Home Value | $626,464 |
Housing Distribution
Address Breakdown
Residential
6,061
Single Family
5,752
Multi-Family
309
Businesses
560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VALERIE KOFSTAD (BOEN) • Harcourts Silverton
Mls Name: WVMLS
Mls Provider:
Mls ID: #826719
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.