1245 Parkside AveWoodburnOR97071
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 Woodburn at 1245 Parkside Ave, Woodburn, OR, 97071 generates $3,000/mo in rent and, after a $2,050/mo payment, leaves $429/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $5,145/yr on $138,865 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 8.59% on a $418,900 entry. Equity gained on principal adds $2,703/yr, while 5% annual appreciation builds toward $115,734 over five years. Five-year ROI reaches 122.65% and total cumulative return in cash sums $170,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2,700 sqft lot
$N/A/sqft
$43 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,832 (100%) |
| Owner Occupied HU | 7,016 (59.3%) |
| Renter Occupied HU | 3,962 (33.5%) |
| Vacant Housing Units | 854 ( 7.2%) |
| Median Home Value | $441,872 |
| Average Home Value | $501,221 |
Housing Distribution
Address Breakdown
Residential
10,645
Single Family
9,933
Multi-Family
712
Businesses
853
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Listed by: RW CHRISTIAN • Lgi Homes - Oregon, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #829143
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.