204 Maddox AveAmityOR97101
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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 Amity at 204 Maddox Ave, Amity, OR, 97101 offers $2,336/mo rent that, after a $2,105/mo payment. Total monthly income is $2,336/mo. Return on cash invested measures 17.72% in year one, and rental yield stands at 6.52% at a $430,000 entry. Equity gained on principal adds $2,775/yr while 5% annual appreciation compounds into $118,801 by year five. Five-year ROI records 90.94% and total cumulative return in cash reaches $129,627. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,336/mo property income versus a $2,105/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
8,698 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97101, Amity, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,081 (73.6%) |
| Renter Occupied HU | 303 (20.6%) |
| Vacant Housing Units | 85 ( 5.8%) |
| Median Home Value | $661,885 |
| Average Home Value | $714,461 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,023
Multi-Family
2
Businesses
66
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $430,000 |
| 2025-03-21 | Sold | $200,000 |
| 2025-03-10 | Pending sale | $199,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-29 | $2415.61 | 1.73% | $140,118 | 3.00% |
| 2022-05-29 | $2374.54 | 13.81% | $136,037 | 3.00% |
| 2021-05-29 | $2086.42 | 2.85% | $132,075 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1975
- Architectural Style: N/A
- Building Area: 996
- Living Area: 996 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Forced Air
- Cooling: N/A
- Flooring: Carpet
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, RV Access/Parking
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Amity
- Middle School: Amity
- High School: Amity
Listed by: JUAN VASQUEZ • Windermere Heritage
Mls Name: WVMLS
Mls Provider:
Mls ID: #829404
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.