115 NE 8th StOaklandOR97462
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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
Investment property for sale in Oakland at 115 NE 8th St, Oakland, OR, 97462 listed at $268,000 pairs $1,816/mo rent with a $1,312/mo payment to leave $198/mo cash flow. Total monthly income runs $1,816/mo, and annual cash flow reaches $2,376/yr on $88,842 cash to close. Return on cash invested measures 22.58% in year one, and rental yield registers 8.13% at a $268,000 basis. Equity gained on principal adds $1,729/yr, and annual property appreciation at 5% supports $74,043 by year five. Five-year ROI tracks 117.04% and total cumulative return in cash totals $103,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,816/mo property income relative to a $1,312/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97462, Oakland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,020 (100%) |
| Owner Occupied HU | 1,462 (72.4%) |
| Renter Occupied HU | 338 (16.7%) |
| Vacant Housing Units | 220 (10.9%) |
| Median Home Value | $500,818 |
| Average Home Value | $522,541 |
Housing Distribution
Address Breakdown
Residential
1,334
Single Family
1,334
Multi-Family
0
Businesses
74
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