1560 Harvey RdCottage 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
Rental property for sale in Cottage Grove at 1560 Harvey Rd, Cottage Grove, OR, 97424 generates $2,145/mo in rent, after a $1,855/mo payment. Total monthly income is $2,145/mo. Return on cash invested sits at 18.55% in year one, and rental yield is 6.79% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 95.35% and total cumulative return in cash sums $119,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,145/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
7,405 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: Caroline Lind • Triple Oaks Realty LLC
Mls Name: RMLS (OR)
Mls ID: #585135939