22071 Highway 62 #52Shady CoveOR97539
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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 Shady Cove at 22071 Highway 62 #52, Shady Cove, OR, 97539 uses $34,808 cash to close to unlock $2,521/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $844/mo, and a $514/mo payment keeps the spread at $210/mo. Purchase price stands at $105,000, and rental yield measures 9.65% with $844/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 141.66% and total cumulative return in cash records $49,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $844/mo property income covering a $514/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97539, Shady Cove, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,750 (100%) |
| Owner Occupied HU | 1,244 (71.1%) |
| Renter Occupied HU | 358 (20.5%) |
| Vacant Housing Units | 148 ( 8.5%) |
| Median Home Value | $426,639 |
| Average Home Value | $398,175 |
Housing Distribution
Address Breakdown
Residential
1,046
Single Family
1,026
Multi-Family
20
Businesses
120
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Listed by: N/A • Windermere Van Vleet Jacksonville
Mls Name: Oregon Datashare
Mls ID: #220210776