1480 Edison AveCottage GroveOR97424
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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 Cottage Grove at 1480 Edison Ave, Cottage Grove, OR, 97424 uses $117,649 cash to close to unlock $1,894/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $2,300/mo, and a $1,737/mo payment keeps the spread at $158/mo. Purchase price stands at $354,900, and rental yield measures 7.78% with $2,300/mo rent. Return on cash invested shows 21.52% in year one, and 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 111.27% and total cumulative return in cash records $130,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,300/mo property income covering a $1,737/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97424, Cottage Grove, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,705 (100%) |
| Owner Occupied HU | 5,224 (67.8%) |
| Renter Occupied HU | 2,102 (27.3%) |
| Vacant Housing Units | 379 ( 4.9%) |
| Median Home Value | $498,856 |
| Average Home Value | $538,638 |
Housing Distribution
Address Breakdown
Residential
7,261
Single Family
6,676
Multi-Family
585
Businesses
622
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Listed by: Jesse Haffly • eXp Realty LLC
Mls Name: RMLS (OR)
Mls ID: #682154325