164 NE 5th AveCanbyOR97013
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
Investment Highlights
Rental property for sale in Canby at 164 NE 5th Ave, Canby, OR, 97013 generates $3,574/mo in rent and, after a $2,056/mo payment, leaves $1,039/mo in cash flow. Total monthly income is $3,574/mo, and annual cash flow is $12,462/yr on $139,230 invested. Return on cash invested sits at 28.86% in year one, and rental yield is 10.21% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 150.65% and total cumulative return in cash sums $209,755. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,574/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97013, Canby, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,696 (100%) |
| Owner Occupied HU | 6,936 (71.5%) |
| Renter Occupied HU | 2,486 (25.6%) |
| Vacant Housing Units | 274 ( 2.8%) |
| Median Home Value | $597,733 |
| Average Home Value | $656,917 |
Housing Distribution
Address Breakdown
Residential
9,590
Single Family
9,178
Multi-Family
412
Businesses
856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: STEVE BROWN • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #830151
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.