10282 NW Oak Ter, North Plains, OR, 97133 | $1,196/mo Cash Flow

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10282 NW Oak Ter, North Plains, OR, 97133 | $1,196/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in North Plains at 10282 NW Oak Ter, North Plains, OR, 97133 generates $3,000/mo in rent and, after a $1,463/mo payment, leaves $1,196/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $14,348/yr on $99,119 invested. Return on cash invested sits at 34.38% in year one, and rental yield is 12.04% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 180.28% and total cumulative return in cash sums $178,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.

Manufactured

Built in 1994

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Manufactured home with tie downs located on 0.33 acre lot is ready for you. This double wide home is Perfect as a starter home, downsizing option, or investment property, this single-level residence offers 3 bedrooms +office, 2 full baths, and abundant living space. Youre just a short drive from the Willamette Valley wineries, Oregon Coast, or Mt. Hood for a day of skiing. Inside, youll find an open floor plan with vaulted ceilings, a welcoming living area, and a bright kitchen with a dining nook. SS appliances and specious kitchen will be able to host any party. Shed outside will be a great storage area. Sky is the limit with all the backyard activities you can do with so much land. Buyer to do due diligence.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97133, North Plains, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,503 (100%)
Owner Occupied HU	2,043 (81.6%)
Renter Occupied HU	339 (13.5%)
Vacant Housing Units	121 ( 4.8%)
Median Home Value	$720,843
Average Home Value	$767,736