1624 Westown DrStaytonOR97383
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable, bankable, and well-priced, 1624 Westown Dr, Stayton, OR, 97383 in Stayton delivers $2,801/mo in gross rent and $235/mo in net monthly income at a $425,000 entry. The 7.91% yield and 1.47 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $117,420 over five years and $3,914/yr in equity from loan paydown, total projected return is $176,051.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $235 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,801 |
| Total Monthly Debt Service | $2,396 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97383, Stayton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,079 (100%) |
| Owner Occupied HU | 2,607 (63.9%) |
| Renter Occupied HU | 1,285 (31.5%) |
| Vacant Housing Units | 187 ( 4.6%) |
| Median Home Value | $523,827 |
| Average Home Value | $557,380 |
Housing Distribution
Address Breakdown
Residential
3,835
Single Family
3,649
Multi-Family
186
Businesses
479
Nearby investment properties with comparable rents
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
Single Family
Built in 1978
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97383, Stayton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,079 (100%) |
| Owner Occupied HU | 2,607 (63.9%) |
| Renter Occupied HU | 1,285 (31.5%) |
| Vacant Housing Units | 187 ( 4.6%) |
| Median Home Value | $523,827 |
| Average Home Value | $557,380 |
Housing Distribution
Address Breakdown
Residential
3,835
Single Family
3,649
Multi-Family
186
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MIKE BARNES • Real Estate 55, Inc
Mls Name: WVMLS
Mls Provider:
Mls ID: #829098
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.