2285 Gilman DrOregon CityOR97045
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
Investment property for sale in Oregon City at 2285 Gilman Dr, Oregon City, OR, 97045 uses $158,457 cash to close to unlock $7,851/yr annual cash flow and $654/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $2,340/mo payment keeps the spread at $654/mo. Purchase price stands at $478,000, and rental yield measures 8.89% with $3,540/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $132,063 over five years. Five-year ROI reaches 129.23% and total cumulative return in cash records $204,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $2,340/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.40 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97045, Oregon City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,516 (100%) |
| Owner Occupied HU | 16,338 (72.6%) |
| Renter Occupied HU | 5,494 (24.4%) |
| Vacant Housing Units | 684 ( 3.0%) |
| Median Home Value | $633,468 |
| Average Home Value | $683,024 |
Housing Distribution
Address Breakdown
Residential
22,063
Single Family
20,995
Multi-Family
1,068
Businesses
1,663
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1945
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Detached
Location
- City: Oregon City
- State: OR
- Subdivision: N/A
- Lot Size: 0.40 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Michelle Holmes • Opendoor Brokerage LLC
Mls Name: RMLS (OR)
Mls ID: #417477312