144 S Main StIndependenceOR97351
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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 144 S Main St, Independence, OR, 97351 at $1,050,000 posts ROI 5.48% with from $2,116/mo rent. Total monthly income equals $2,116/mo. Return on cash invested measures 5.48% and rental yield reads 2.42% at the current $1,050,000. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 by year five. Five-year ROI prints 25.16% and total cumulative return in cash totals $85,601. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,116/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
4,485 sqft 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: Peter Braunworth • Coho Commercial
Mls Name: WVMLS
Mls ID: #823772