2240 Snowberry Ridge CtWest LinnOR97068
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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 West Linn at 2240 Snowberry Ridge Ct, West Linn, OR, 97068 offers a 11.14% rental yield on a $349,000 purchase with $3,239/mo rent. Total monthly income registers $3,239/mo, and a $1,708/mo payment leaves $1,133/mo available for distribution. Annual cash flow reaches $13,591/yr on $115,694 to close, and return on cash invested stands at 31.66% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 165.64% and total cumulative return in cash at $191,640. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,239/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97068, West Linn, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,862 (100%) |
| Owner Occupied HU | 9,239 (77.9%) |
| Renter Occupied HU | 2,156 (18.2%) |
| Vacant Housing Units | 467 ( 3.9%) |
| Median Home Value | $833,276 |
| Average Home Value | $917,339 |
Housing Distribution
Address Breakdown
Residential
11,609
Single Family
11,389
Multi-Family
220
Businesses
614
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