1015 Oak St UNIT 43SilvertonOR97381
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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
Investment property for sale in Silverton at 1015 Oak St UNIT 43, Silverton, OR, 97381 offers a 8.28% rental yield on a $353,000 purchase with $2,436/mo rent. Total monthly income registers $2,436/mo, and a $1,728/mo payment leaves $242/mo available for distribution. Annual cash flow reaches $2,904/yr on $117,020 to close, and return on cash invested stands at 22.39% in year one. Equity gained on principal adds $2,278/yr while 5% annual appreciation supports $97,527 over five years. Portfolio math shows five-year ROI at 116.17% and total cumulative return in cash at $135,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,436/mo property income against a $1,728/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
5,278 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
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Listed by: ANGELA LOPEZ • Bst Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #832294
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.