



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 Woodburn at 1402 Iris St, Woodburn, OR, 97071 uses $195,229 cash to close to unlock $1,518/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $3,794/mo, and a $2,904/mo payment keeps the spread at $126/mo. Purchase price stands at $593,400, and rental yield measures 7.67% with $3,794/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $163,945 over five years. Five-year ROI reaches 107.78% and total cumulative return in cash records $210,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,794/mo property income covering a $2,904/mo payment rather than investor’s personal income.
Single Family
Built in 2018
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.
| 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 |
Residential
10,645
Single Family
9,933
Multi-Family
712
Businesses
853
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Listing removed | $599,000 |
| 2025-08-01 | Listed for sale | $599,000 |
| 2018-08-09 | Sold | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-07 | $6789.41 | 0.63% | $352,090 | 6.09% |
| 2023-10-07 | $6746.94 | 2.41% | $331,890 | N/A |
| 2022-10-07 | $6588.35 | 3.01% | $331,890 | 3.00% |



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