1015 Oak St UNIT 71SilvertonOR97381
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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 71, Silverton, OR, 97381 uses $127,628 cash to close to unlock $9,762/yr annual cash flow and $813/mo monthly cash flow. Total monthly income runs $3,137/mo, and a $1,884/mo payment keeps the spread at $813/mo. Purchase price stands at $385,000, and rental yield measures 9.78% with $3,137/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 143.67% and total cumulative return in cash records $183,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,137/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
5,227 sqft lot
$N/A/sqft
No 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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