








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 64, Silverton, OR, 97381 offers a 9.53% rental yield on a $164,900 purchase with $1,310/mo rent. Total monthly income registers $1,310/mo, and a $807/mo payment leaves $315/mo available for distribution. Annual cash flow reaches $3,777/yr on $54,664 to close, and return on cash invested stands at 26.82% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 139.69% and total cumulative return in cash at $76,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,310/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1981
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: CONNIE BASINGER • Berkshire Hathaway Homeservices R E Prof
Mls Name: WVMLS
Mls ID: #833914