1655 S Elm St UNIT 526CanbyOR97013
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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
Investment property for sale in Canby at 1655 S Elm St UNIT 526, Canby, OR, 97013 uses $56,024 cash to close to unlock $3,361/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,300/mo, and a $827/mo payment keeps the spread at $280/mo. Purchase price stands at $169,000, and rental yield measures 9.23% with $1,300/mo rent. Return on cash invested shows 25.91% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 134.91% and total cumulative return in cash records $75,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,300/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
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
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