1033 E St, Independence, OR, 97351 | $166/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1033 E St, Independence, OR, 97351 | $166/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Independence at 1033 E St, Independence, OR, 97351 listed at $405,000 pairs $2,610/mo rent with a $1,982/mo payment to leave $166/mo cash flow. Total monthly income runs $2,610/mo, and annual cash flow reaches $1,987/yr on $134,258 cash to close. Return on cash invested measures 21.39% in year one, and rental yield registers 7.73% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 110.58% and total cumulative return in cash totals $148,466. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,610/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2000

8,740 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect blend of style and comfort in this charming, well-maintained single-level home! New LVP flooring and carpet throughout. Fresh interior and exterior paint. Vaulted living area creates a spacious feel. Slider from dining area leads to an oversized, partially covered patio. Large .20 acre lot is partially fenced with shed in backyard. Centrally located. Convenient to shopping and schools. This move-in ready home has everything you need! Definitely worth the visit!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97351, Independence, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,369 (100%)
Owner Occupied HU	2,647 (60.6%)
Renter Occupied HU	1,605 (36.7%)
Vacant Housing Units	117 ( 2.7%)
Median Home Value	$427,687
Average Home Value	$490,376