1040 S Park StCarltonOR97111
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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 Carlton at 1040 S Park St, Carlton, OR, 97111 generates $3,661/mo in rent, after a $3,504/mo payment. Total monthly income is $3,661/mo. Return on cash invested sits at 16.7% in year one, and rental yield is 6.14% on a $716,000 entry. Equity gained on principal adds $4,620/yr, while 5% annual appreciation builds toward $197,818 over five years. Five-year ROI reaches 85.38% and total cumulative return in cash sums $201,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,661/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
0.30 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97111, Carlton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,607 (100%) |
| Owner Occupied HU | 1,254 (78.0%) |
| Renter Occupied HU | 266 (16.6%) |
| Vacant Housing Units | 87 ( 5.4%) |
| Median Home Value | $574,885 |
| Average Home Value | $664,053 |
Housing Distribution
Address Breakdown
Residential
1,083
Single Family
1,083
Multi-Family
0
Businesses
102
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-09 | Sold | $716,000 |
| 2025-09-18 | Pending sale | $750,000 |
| 2025-07-23 | Price change | $750,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $4472.92 | 2.26% | $274,554 | 3.00% |
| 2023-11-03 | $4374.17 | 2.55% | $266,557 | 3.00% |
| 2022-11-03 | $4265.56 | 2.92% | $258,793 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1939
- Architectural Style: English
- Building Area: 3,079
- Living Area: 3,079 sqft
- Property Condition: Approximately,Updated/Remodeled
Features & Amenities
- Heating: Forced Air, Fireplace(s)
- Cooling: Heat Pump
- Flooring: Hardwood, Heated Tile
- Interior Features: High Ceilings, Closet, Bookcases, Eat Bar, Updated Remodeled, Pantry, Tile
- Exterior Features: N/A
- Parking Features: Driveway, Oversized
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Yamhill-Carlton
- Middle School: Yamhill-Carlton
- High School: Yamhill-Carlton
Listed by: Beth Caster • Keller Williams Realty Portland Premiere
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #519392464
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-11-03 02:59:08 PST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.