230 Santiam Ave WDetroitOR97342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Detroit at 230 Santiam Ave W, Detroit, OR, 97342 earns from $3,448/mo rent with a $8,321/mo payment. Total monthly income totals $3,448/mo. ROI tracks 5.52% on current figures, and rental yield reads 2.43% at a $1,700,000 purchase. Equity gained on principal adds $10,970/yr, and 5% annual appreciation supports $469,679 over five years. Five-year ROI reaches 25.41% and total cumulative return in cash sums $139,963. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,448/mo property income instead of your personal income.
Single Family
Built in 2021
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97342, Detroit, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 88 (23.0%) |
| Renter Occupied HU | 24 ( 6.3%) |
| Vacant Housing Units | 270 (70.7%) |
| Median Home Value | $295,833 |
| Average Home Value | $435,369 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.