1424 Wimbledon PlSpringfieldOR97477
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1424 Wimbledon Pl, Springfield, OR, 97477 in Springfield at $675,000, 5.64% gross yield, is a market-growth asset. Rental yield 5.64%. The $3,174/mo rent partially funds the $3,035/mo debt service; the core return is the 5%/yr price growth projected to add $186,490 over five years. Ziffy Mortgage's DSCR mortgage (1.05) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $197,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.2% |
| Monthly Cash Flow | $(900) | $1,200 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,174 |
| Total Monthly Debt Service | $3,806 |
| DSCR Ratio | 0.83x |
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.
Single Family
Built in 1997
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97477, Springfield, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 8,482 (50.4%) |
| Renter Occupied HU | 7,726 (45.9%) |
| Vacant Housing Units | 608 ( 3.6%) |
| Median Home Value | $406,808 |
| Average Home Value | $440,412 |
Housing Distribution
Address Breakdown
Residential
16,256
Single Family
14,766
Multi-Family
1,490
Businesses
1,346
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
Single Family
Built in 1997
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97477, Springfield, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 8,482 (50.4%) |
| Renter Occupied HU | 7,726 (45.9%) |
| Vacant Housing Units | 608 ( 3.6%) |
| Median Home Value | $406,808 |
| Average Home Value | $440,412 |
Housing Distribution
Address Breakdown
Residential
16,256
Single Family
14,766
Multi-Family
1,490
Businesses
1,346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS (OR)
Mls ID: #679751495