2048 NW 3rd AveOntarioOR97914
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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 Ontario at 2048 NW 3rd Ave, Ontario, OR, 97914 offers a 9.57% rental yield on a $325,000 purchase with $2,593/mo rent. Total monthly income registers $2,593/mo, and a $1,591/mo payment leaves $631/mo available for distribution. Annual cash flow reaches $7,572/yr on $107,738 to close, and return on cash invested stands at 26.94% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 140.33% and total cumulative return in cash at $151,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,593/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
9,931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97914, Ontario, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 3,666 (54.1%) |
| Renter Occupied HU | 2,620 (38.6%) |
| Vacant Housing Units | 494 ( 7.3%) |
| Median Home Value | $263,235 |
| Average Home Value | $293,384 |
Housing Distribution
Address Breakdown
Residential
6,460
Single Family
6,091
Multi-Family
369
Businesses
852
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