21503 NE Lachenview LnFairviewOR97024
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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 Fairview at 21503 NE Lachenview Ln, Fairview, OR, 97024 offers a 9.85% rental yield on a $649,900 purchase with $5,332/mo rent. Total monthly income registers $5,332/mo, and a $3,181/mo payment leaves $1,409/mo available for distribution. Annual cash flow reaches $16,908/yr on $213,817 to close, and return on cash invested stands at 27.97% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 145.85% and total cumulative return in cash at $311,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,332/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97024, Fairview, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,785 (100%) |
| Owner Occupied HU | 2,484 (51.9%) |
| Renter Occupied HU | 2,091 (43.7%) |
| Vacant Housing Units | 210 ( 4.4%) |
| Median Home Value | $456,124 |
| Average Home Value | $448,692 |
Housing Distribution
Address Breakdown
Residential
4,548
Single Family
3,972
Multi-Family
576
Businesses
432
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