14240 SW Parmele RdGastonOR97119
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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 Gaston at 14240 SW Parmele Rd, Gaston, OR, 97119 earns from $4,280/mo rent with a $3,793/mo payment. Total monthly income totals $4,280/mo. ROI tracks 18.19% on current figures, and rental yield reads 6.63% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 93.39% and total cumulative return in cash sums $238,111. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,280/mo property income instead of your personal income.
Single Family
Built in 1971
6.68 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97119, Gaston, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,803 (100%) |
| Owner Occupied HU | 1,488 (82.5%) |
| Renter Occupied HU | 223 (12.4%) |
| Vacant Housing Units | 92 ( 5.1%) |
| Median Home Value | $804,348 |
| Average Home Value | $865,360 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,519
Multi-Family
1
Businesses
81
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-03 | Price change | $775,000 |
| 2024-05-13 | Listed for sale | $800,000 |
| 2024-04-13 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $4912.41 | 2.82% | $389,050 | 3.00% |
| 2022-10-15 | $4777.64 | 2.33% | $377,720 | N/A |
| 2021-10-15 | $4668.63 | 3.01% | N/A | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1971
- Architectural Style: Ranch
- Building Area: 2,564
- Living Area: 2,564 sqft
- Property Condition: Approximately
Features & Amenities
- Heating: Forced Air
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Off Street, RV Access/Parking, Detached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Public
- Road Surface Type: Concrete, Paved
School Information
- Elementary School: Gaston
- Middle School: Gaston
- High School: Gaston
Listed by: Steve Dials • Weichert, Realtors on Main Street
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #23616646
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 07:44:02 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.