106 Freshwater DrPhoenixOR97535
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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 Phoenix at 106 Freshwater Dr, Phoenix, OR, 97535 priced at $395,000 converts $2,717/mo rent into $333/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,717/mo, and annual cash flow totals $3,996/yr on $130,943 invested. Return on cash invested prints 22.96% in year one, and rental yield reads 8.25% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 119.04% and total cumulative return in cash sums $155,874. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,717/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1996
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97535, Phoenix, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,322 (100%) |
| Owner Occupied HU | 1,455 (62.7%) |
| Renter Occupied HU | 774 (33.3%) |
| Vacant Housing Units | 93 ( 4.0%) |
| Median Home Value | $462,558 |
| Average Home Value | $542,500 |
Housing Distribution
Address Breakdown
Residential
1,761
Single Family
1,703
Multi-Family
58
Businesses
277
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