13711 Heather Ln NEAuroraOR97002
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 13711 Heather Ln NE, Aurora, OR, 97002 in Aurora is a conservative rental investment at $429,000. Rental yield 6.54%. A 1.21 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $118,525; $3,951/yr in principal paydown supplements. Total projected return: $146,248.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.2% |
| Monthly Cash Flow | $(252) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,338 |
| Total Monthly Debt Service | $2,419 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2008
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97002, Aurora, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,226 (100%) |
| Owner Occupied HU | 1,742 (78.3%) |
| Renter Occupied HU | 385 (17.3%) |
| Vacant Housing Units | 99 ( 4.4%) |
| Median Home Value | $613,762 |
| Average Home Value | $718,571 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,087
Multi-Family
143
Businesses
331
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
Manufactured
Built in 2008
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97002, Aurora, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,226 (100%) |
| Owner Occupied HU | 1,742 (78.3%) |
| Renter Occupied HU | 385 (17.3%) |
| Vacant Housing Units | 99 ( 4.4%) |
| Median Home Value | $613,762 |
| Average Home Value | $718,571 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,087
Multi-Family
143
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROGER LOWE • Lowes Flat Fee Realty A Homezu Partner
Mls Name: WVMLS
Mls Provider:
Mls ID: #829397
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.