2124 Eleanor RdWest LinnOR97068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2124 Eleanor Rd, West Linn, OR, 97068 priced at $989,580 converts $4,020/mo rent into after a $4,844/mo obligation. Total monthly income equals $4,020/mo. Return on cash invested prints 12.86% in year one, and rental yield reads 4.87% against a $989,580 entry. Equity gained on principal adds $6,386/yr, while 5% annual appreciation compiles into $273,403 by year five. Five-year ROI reaches 64.81% and total cumulative return in cash sums $210,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,020/mo property income covering a $4,844/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,272 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Buffington • Weekley Homes LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24029842
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 02:04:19 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.