1655 S Elm St UNIT 526, Canby, OR, 97013 | $304/mo Cash Flow

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1655 S Elm St UNIT 526, Canby, OR, 97013 | $304/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Canby at 1655 S Elm St UNIT 526, Canby, OR, 97013 uses $56,024 cash to close to unlock $3,649/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $1,324/mo, and a $827/mo payment keeps the spread at $304/mo. Purchase price stands at $169,000, and rental yield measures 9.4% with $1,324/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 137.63% and total cumulative return in cash records $77,107. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,324/mo property income covering a $827/mo payment rather than investor’s personal income.

Manufactured

Built in 1994

N/A lot

$N/A/sqft

No HOA

More details about the property

Excuse the mess, getting redy for estate sale. Exta large bedrooms, double closets in bedrooms, double sinks in bathrooms, soaker tub and walk in shower in master. Extra large family room and separate living room, built ins in dining room. Shelving abounds i double car garage. Big fenced yard with covered patio, extra parking pad by driveway. New heat pump, roof is 10 years old. If you need lots of room, this one is for you! Priced to sell, walk to park just a few doors down the street. Pet friendly community.

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