21356 Hubbard Cutoff Rd NE UNIT 45, Aurora, OR, 97002 | $321/mo Cash Flow

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21356 Hubbard Cutoff Rd NE UNIT 45, Aurora, OR, 97002 | $321/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Aurora at 21356 Hubbard Cutoff Rd NE UNIT 45, Aurora, OR, 97002 listed at $185,000 pairs $1,437/mo rent with a $905/mo payment to leave $321/mo cash flow. Total monthly income runs $1,437/mo, and annual cash flow reaches $3,849/yr on $61,328 cash to close. Return on cash invested measures 26.19% in year one, and rental yield registers 9.32% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 136.29% and total cumulative return in cash totals $83,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,437/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated 4-bedroom, 2-bath home offers 1,400 sq ft of comfortable living space with plenty of upgrades. Freshly painted interior, brand new water heater, and new flooring in two bedrooms make this home move-in ready. The kitchen features a new dishwasher and refrigerator, while the upgraded landscaping adds great curb appeal. Additional highlights include: Finished, insulated, and drywalled storage area Covered porch perfect for relaxing $570/month leased lot Conveniently located near North Marion Schools, this home provides both comfort and convenience for families.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97002, Aurora, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,226 (100%)
Owner Occupied HU	1,742 (78.3%)
Renter Occupied HU	385 (17.3%)
Vacant Housing Units	99 ( 4.4%)
Median Home Value	$613,762
Average Home Value	$718,571