117 N Young DrOtisOR97368
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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 Otis at 117 N Young Dr, Otis, OR, 97368 priced at $770,000 converts $1,800/mo rent into after a $3,769/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 6.57% in year one, and rental yield reads 2.81% against a $770,000 entry. Equity gained on principal adds $4,969/yr, while 5% annual appreciation compiles into $212,737 by year five. Five-year ROI reaches 31.07% and total cumulative return in cash sums $78,705. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $3,769/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97368, Otis, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,216 (65.3%) |
| Renter Occupied HU | 286 (15.4%) |
| Vacant Housing Units | 360 (19.3%) |
| Median Home Value | $381,203 |
| Average Home Value | $406,891 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
28
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