1915 Carter LnSpringfieldOR97477
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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 Springfield at 1915 Carter Ln, Springfield, OR, 97477 earns $408/mo cash flow from $2,460/mo rent with a $1,664/mo payment. Total monthly income totals $2,460/mo, and annual cash flow totals $4,894/yr on $112,710 capital. ROI tracks 24.25% on current figures, and rental yield reads 8.68% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 125.91% and total cumulative return in cash sums $141,918. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,460/mo property income instead of your personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97477, Springfield, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 8,482 (50.4%) |
| Renter Occupied HU | 7,726 (45.9%) |
| Vacant Housing Units | 608 ( 3.6%) |
| Median Home Value | $406,808 |
| Average Home Value | $440,412 |
Housing Distribution
Address Breakdown
Residential
16,256
Single Family
14,766
Multi-Family
1,490
Businesses
1,346
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Listed by: Heather Tipler • Hybrid Real Estate
Mls Name: RMLS (OR)
Mls ID: #362146519