20624 Noble LnWest LinnOR97068
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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 West Linn at 20624 Noble Ln, West Linn, OR, 97068 generates $3,239/mo in rent and, after a $2,200/mo payment, leaves $526/mo in cash flow. Total monthly income is $3,239/mo, and annual cash flow is $6,310/yr on $149,009 invested. Return on cash invested sits at 24.14% in year one, and rental yield is 8.65% on a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation builds toward $124,189 over five years. Five-year ROI reaches 125.34% and total cumulative return in cash sums $186,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,239/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97068, West Linn, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,862 (100%) |
| Owner Occupied HU | 9,239 (77.9%) |
| Renter Occupied HU | 2,156 (18.2%) |
| Vacant Housing Units | 467 ( 3.9%) |
| Median Home Value | $833,276 |
| Average Home Value | $917,339 |
Housing Distribution
Address Breakdown
Residential
11,609
Single Family
11,389
Multi-Family
220
Businesses
614
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