1427 Anderson LnSpringfieldOR97477
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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 Springfield at 1427 Anderson Ln, Springfield, OR, 97477 at $500,000 posts ROI 14.07% with from $2,212/mo rent. Total monthly income equals $2,212/mo. Return on cash invested measures 14.07% and rental yield reads 5.31% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 71.37% and total cumulative return in cash totals $118,292. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,212/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.31 Acres 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
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Listed by: Katie Juth • Windermere RE Lane County
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24188325
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 2024-10-21 03:04:04 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.