1200 E Central Ave SPACE 38SutherlinOR97479
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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 Sutherlin at 1200 E Central Ave SPACE 38, Sutherlin, OR, 97479 generates $1,045/mo in rent, after a $661/mo payment. Total monthly income is $1,045/mo. Return on cash invested sits at 10.33% in year one, and rental yield is 9.29% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 57.01% and total cumulative return in cash sums $25,513. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,045/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
N/A lot
$N/A/sqft
$587 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97479, Sutherlin, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,618 (100%) |
| Owner Occupied HU | 3,228 (69.9%) |
| Renter Occupied HU | 1,116 (24.2%) |
| Vacant Housing Units | 274 ( 5.9%) |
| Median Home Value | $313,371 |
| Average Home Value | $330,694 |
Housing Distribution
Address Breakdown
Residential
4,081
Single Family
4,039
Multi-Family
42
Businesses
302
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Listed by: KerryJo Edwards • Berkshire Hathaway HomeServices Real Estate Professionals
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24526333
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-21 02:49:11 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.