185 N 3rd StLakesideOR97449
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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 Lakeside at 185 N 3rd St, Lakeside, OR, 97449 generates $2,394/mo in rent and, after a $1,317/mo payment, leaves $770/mo in cash flow. Total monthly income is $2,394/mo, and annual cash flow is $9,239/yr on $89,174 invested. Return on cash invested sits at 30.27% in year one, and rental yield is 10.68% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 158.2% and total cumulative return in cash sums $141,071. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Manufactured
Built in 2002
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97449, Lakeside, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,405 (100%) |
| Owner Occupied HU | 770 (54.8%) |
| Renter Occupied HU | 201 (14.3%) |
| Vacant Housing Units | 434 (30.9%) |
| Median Home Value | $360,078 |
| Average Home Value | $407,731 |
Housing Distribution
Address Breakdown
Residential
712
Single Family
712
Multi-Family
0
Businesses
52
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