111 Cypress AveGaribaldiOR97118
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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 Garibaldi at 111 Cypress Ave, Garibaldi, OR, 97118 priced at $389,460 converts $2,532/mo rent into $181/mo cash flow after a $1,906/mo obligation. Total monthly income equals $2,532/mo, and annual cash flow totals $2,176/yr on $129,106 invested. Return on cash invested prints 21.59% in year one, and rental yield reads 7.8% against a $389,460 entry. Equity gained on principal adds $2,513/yr, while 5% annual appreciation compiles into $107,601 by year five. Five-year ROI reaches 111.7% and total cumulative return in cash sums $144,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,532/mo property income covering a $1,906/mo payment, not borrower’s personal income.
Single Family
Built in 1930
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97118, Garibaldi, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 272 (50.7%) |
| Renter Occupied HU | 143 (26.7%) |
| Vacant Housing Units | 121 (22.6%) |
| Median Home Value | $451,429 |
| Average Home Value | $513,189 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
56
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