14902 Smith Rock Ave NEAuroraOR97002
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Nearby investment properties with comparable prices
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
Rental property for sale in Aurora at 14902 Smith Rock Ave NE, Aurora, OR, 97002 generates $3,344/mo in rent, after a $3,256/mo payment. Total monthly income is $3,344/mo. Return on cash invested sits at 16.38% in year one, and rental yield is 6.03% on a $665,290 entry. Equity gained on principal adds $4,293/yr, while 5% annual appreciation builds toward $183,807 over five years. Five-year ROI reaches 83.68% and total cumulative return in cash sums $183,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,344/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97002, Aurora, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,226 (100%) |
| Owner Occupied HU | 1,742 (78.3%) |
| Renter Occupied HU | 385 (17.3%) |
| Vacant Housing Units | 99 ( 4.4%) |
| Median Home Value | $613,762 |
| Average Home Value | $718,571 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,087
Multi-Family
143
Businesses
331
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Nearby investment properties with comparable prices
Listed by: NICK AYHAN • Harcourts Elite
Mls Name: WVMLS
Mls Provider:
Mls ID: #832352
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.