



A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Silverton at 1307 S Water St UNIT 2, Silverton, OR, 97381 offers a 14.94% rental yield on a $125,000 purchase with $1,556/mo rent. Total monthly income registers $1,556/mo, and a $612/mo payment leaves $801/mo available for distribution. Annual cash flow reaches $9,615/yr on $41,438 to close, and return on cash invested stands at 43.11% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 227.17% and total cumulative return in cash at $94,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,556/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97381, Silverton, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 4,593 (70.4%) |
| Renter Occupied HU | 1,674 (25.6%) |
| Vacant Housing Units | 261 ( 4.0%) |
| Median Home Value | $585,629 |
| Average Home Value | $626,464 |
Residential
6,061
Single Family
5,752
Multi-Family
309
Businesses
560
Date | Event | Price |
|---|---|---|
| 2025-06-06 | Listing removed | $158,900 |
| 2025-06-06 | Pending sale | $158,900 |
| 2025-05-15 | Contingent | $158,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-10-19 | $377.52 | -45.07% | N/A | N/A |
| 2017-10-19 | $687.28 | 223.82% | N/A | N/A |
| 2016-10-19 | $212.24 | N/A | N/A | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A