








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Woodburn at 2280 Killian Spring Dr, Woodburn, OR, 97071 offers $3,257/mo rent that, after a $2,349/mo payment, leaves $360/mo cash flow. Total monthly income is $3,257/mo, and annual cash flow is $4,320/yr on $159,120 cash. Return on cash invested measures 22.62% in year one, and rental yield stands at 8.14% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 117.18% and total cumulative return in cash reaches $186,461. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,257/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,832 (100%) |
| Owner Occupied HU | 7,016 (59.3%) |
| Renter Occupied HU | 3,962 (33.5%) |
| Vacant Housing Units | 854 ( 7.2%) |
| Median Home Value | $441,872 |
| Average Home Value | $501,221 |
Residential
10,645
Single Family
9,933
Multi-Family
712
Businesses
853
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Price change | $480,000 |
| 2024-09-30 | Price change | $485,000 |
| 2024-09-19 | Listed for sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: KATHARINE GRANUM • Real Broker
Mls Name: WVMLS
Mls Provider:
Mls ID: #821555
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.