118 Engle AveMolallaOR97038
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Nearby investment properties with comparable prices
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 Molalla at 118 Engle Ave, Molalla, OR, 97038 at $425,000 posts ROI 24.63% with $555/mo cash flow from $3,120/mo rent. Total monthly income equals $3,120/mo, and annual cash flow records $6,657/yr on $140,888 to close. Return on cash invested measures 24.63% and rental yield reads 8.81% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 127.97% and total cumulative return in cash totals $180,293.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1978
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97038, Molalla, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,347 (100%) |
| Owner Occupied HU | 4,570 (72.0%) |
| Renter Occupied HU | 1,563 (24.6%) |
| Vacant Housing Units | 214 ( 3.4%) |
| Median Home Value | $625,652 |
| Average Home Value | $708,097 |
Housing Distribution
Address Breakdown
Residential
5,995
Single Family
5,995
Multi-Family
0
Businesses
387
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