2295 Fleming Ave WTillamookOR97141
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 Tillamook at 2295 Fleming Ave W, Tillamook, OR, 97141 priced at $665,000 pairs $3,487/mo rent with after a $3,255/mo payment. Total monthly income equals $3,487/mo. Return on cash invested is 17.17% in year one, and rental yield stands at 6.29% on a $665,000 basis. Equity gained on principal adds $4,291/yr, and 5% annual appreciation accumulates to $183,727 by year five. Five-year ROI measures 87.9% and total cumulative return in cash reaches $192,319. For financing, Ziffy Mortgage’s DSCR program evaluates $3,487/mo property income against a $3,255/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97141, Tillamook, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,054 (100%) |
| Owner Occupied HU | 3,946 (55.9%) |
| Renter Occupied HU | 1,870 (26.5%) |
| Vacant Housing Units | 1,238 (17.6%) |
| Median Home Value | $432,799 |
| Average Home Value | $471,531 |
Housing Distribution
Address Breakdown
Residential
5,758
Single Family
5,141
Multi-Family
617
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices