103 Summit DrShady CoveOR97539
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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
Rental property for sale in Shady Cove at 103 Summit Dr, Shady Cove, OR, 97539 generates $4,661/mo in rent, after a $6,314/mo payment. Total monthly income is $4,661/mo. Return on cash invested sits at 11.4% in year one, and rental yield is 4.34% on a $1,290,000 entry. Equity gained on principal adds $8,324/yr, while 5% annual appreciation builds toward $356,403 over five years. Five-year ROI reaches 56.89% and total cumulative return in cash sums $237,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,661/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
15.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97539, Shady Cove, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,750 (100%) |
| Owner Occupied HU | 1,244 (71.1%) |
| Renter Occupied HU | 358 (20.5%) |
| Vacant Housing Units | 148 ( 8.5%) |
| Median Home Value | $426,639 |
| Average Home Value | $398,175 |
Housing Distribution
Address Breakdown
Residential
1,046
Single Family
1,026
Multi-Family
20
Businesses
120
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Listed by: N/A • Home Quest Realty
Mls Name: Oregon Datashare
Mls ID: #220209949