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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Aurora at 21986 Laurel Ave NE, Aurora, OR, 97002 offers a 0% rental yield on a $325,000 purchase with $0/mo rent. 61% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1975
10,234 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood data shown for ZIP Code: 97002, Aurora, OR area.
| 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 |
Residential
2,230
Single Family
2,087
Multi-Family
143
Businesses
331
Date | Event | Price |
|---|---|---|
| 2025-04-05 | Listed for sale | $325,000 |
| 2023-08-08 | Sold | $286,000 |
| 2023-07-26 | Contingent | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-04-21 | $504.60 | -35.55% | N/A | N/A |
| 2017-04-21 | $782.96 | 200.64% | N/A | N/A |
| 2016-04-21 | $260.43 | N/A | N/A | N/A |
No similar rental properties found nearby.
Listed by: MARYBETH KOSTRIKIN • Equity Oregon Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #827780
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
