141 S 17th St #7IndependenceOR97351
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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
Investment Highlights
Investment property for sale in Independence at 141 S 17th St #7, Independence, OR, 97351 listed at $105,000 pairs $825/mo rent with a $514/mo payment to leave $191/mo cash flow. Total monthly income runs $825/mo, and annual cash flow reaches $2,293/yr on $34,808 cash to close. Return on cash invested measures 26.5% in year one, and rental yield registers 9.43% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 138.15% and total cumulative return in cash totals $48,086. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $825/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
4,110
Multi-Family
161
Businesses
323
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Listed by: SHELBY KUTZ • Homesmart Realty Group - Dallas
Mls Name: WVMLS
Mls ID: #836397