1203 Sears DrOntarioOR97914
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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 Ontario at 1203 Sears Dr, Ontario, OR, 97914 uses $129,119 cash to close to unlock $3,040/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $2,604/mo, and a $1,906/mo payment keeps the spread at $253/mo. Purchase price stands at $389,500, and rental yield measures 8.02% with $2,604/mo rent. Return on cash invested shows 22.26% in year one, and 5% annual appreciation builds toward $107,612 over five years. Five-year ROI reaches 115.28% and total cumulative return in cash records $148,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,604/mo property income covering a $1,906/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97914, Ontario, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 3,666 (54.1%) |
| Renter Occupied HU | 2,620 (38.6%) |
| Vacant Housing Units | 494 ( 7.3%) |
| Median Home Value | $263,235 |
| Average Home Value | $293,384 |
Housing Distribution
Address Breakdown
Residential
6,460
Single Family
6,091
Multi-Family
369
Businesses
852
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