1460/1462 Cascade DrLebanonOR97355
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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 Lebanon at 1460/1462 Cascade Dr, Lebanon, OR, 97355 uses $99,417 cash to close to unlock $11,395/yr annual cash flow and $950/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,468/mo payment keeps the spread at $950/mo. Purchase price stands at $299,900, and rental yield measures 11.04% with $2,760/mo rent. Return on cash invested shows 31.37% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 164.13% and total cumulative return in cash records $163,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Multi Family
Built in 1956
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97355, Lebanon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,613 (100%) |
| Owner Occupied HU | 8,894 (65.3%) |
| Renter Occupied HU | 4,185 (30.7%) |
| Vacant Housing Units | 534 ( 3.9%) |
| Median Home Value | $454,644 |
| Average Home Value | $513,412 |
Housing Distribution
Address Breakdown
Residential
13,188
Single Family
12,483
Multi-Family
705
Businesses
725
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