220 Koons StSilvertonOR97381
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 Silverton at 220 Koons St, Silverton, OR, 97381 priced at $397,800 converts $2,495/mo rent into $94/mo cash flow after a $1,947/mo obligation. Total monthly income equals $2,495/mo, and annual cash flow totals $1,126/yr on $131,871 invested. Return on cash invested prints 20.76% in year one, and rental yield reads 7.53% against a $397,800 entry. Equity gained on principal adds $2,567/yr, while 5% annual appreciation compiles into $109,905 by year five. Five-year ROI reaches 107.21% and total cumulative return in cash sums $141,381. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,495/mo property income covering a $1,947/mo payment, not borrower’s personal income.
Single Family
Built in 1949
8,236 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97381, Silverton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 4,593 (70.4%) |
| Renter Occupied HU | 1,674 (25.6%) |
| Vacant Housing Units | 261 ( 4.0%) |
| Median Home Value | $585,629 |
| Average Home Value | $626,464 |
Housing Distribution
Address Breakdown
Residential
6,061
Single Family
5,752
Multi-Family
309
Businesses
560
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Nearby investment properties with comparable prices
Listed by: MEREDITH and RYAN WERTZ • Silverton Realty, Inc.
Mls Name: WVMLS
Mls Provider:
Mls ID: #830765
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.