1261 Pine Ct, Independence, OR, 97351 | $341/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1261 Pine Ct, Independence, OR, 97351 | $341/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Independence at 1261 Pine Ct, Independence, OR, 97351 earns $341/mo cash flow from $2,566/mo rent with a $1,804/mo payment. Total monthly income totals $2,566/mo, and annual cash flow totals $4,096/yr on $122,158 capital. ROI tracks 23.26% on current figures, and rental yield reads 8.36% at a $368,500 purchase. Equity gained on principal adds $2,378/yr, and 5% annual appreciation supports $101,810 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash sums $147,386. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,566/mo property income instead of your personal income.

Single Family

Built in 1975

9,009 sqft lot

$N/A/sqft

No HOA

More details about the property

3 Bedroom/1 bath home on one level. FANTASTIC YARD! It is a .20 acre corner lot. Fenced yard. Perfect for gardening, entertaining and playing. Room for RV parking. Home has vinyl windows, ductless heat pump and furnace. NEW carpet and interior paint. Appliances are all included. Water heater replaced in 2023. This is a great first home or home to downsize to. Make it yours to enjoy this summer!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97351, Independence, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,369 (100%)
Owner Occupied HU	2,647 (60.6%)
Renter Occupied HU	1,605 (36.7%)
Vacant Housing Units	117 ( 2.7%)
Median Home Value	$427,687
Average Home Value	$490,376