231 Dogwood DrGatesOR97346
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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 Gates at 231 Dogwood Dr, Gates, OR, 97346 uses $59,637 cash to close to unlock $7,903/yr annual cash flow and $659/mo monthly cash flow. Total monthly income runs $1,745/mo, and a $881/mo payment keeps the spread at $659/mo. Purchase price stands at $179,900, and rental yield measures 11.64% with $1,745/mo rent. Return on cash invested shows 33.16% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 173.73% and total cumulative return in cash records $103,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,745/mo property income covering a $881/mo payment rather than investor’s personal income.
Lot
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97346, Gates, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 269 (56.3%) |
| Renter Occupied HU | 72 (15.1%) |
| Vacant Housing Units | 137 (28.7%) |
| Median Home Value | $398,611 |
| Average Home Value | $487,835 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
13
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Listed by: ARNIE AMSDEN • Amsden Realty Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #814468
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.