1207 Erlebach WayOntarioOR97914
Nearby investment properties with comparable rents
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
Rental property for sale in Ontario at 1207 Erlebach Way, Ontario, OR, 97914 generates $2,198/mo in rent and, after a $1,591/mo payment, leaves $236/mo in cash flow. Total monthly income is $2,198/mo, and annual cash flow is $2,832/yr on $107,738 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 8.12% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 116.73% and total cumulative return in cash sums $125,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,198/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
0.84 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices