23307 E Wildwood AveWelchesOR97067
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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 Welches at 23307 E Wildwood Ave, Welches, OR, 97067 uses $132,600 cash to close to unlock $14,212/yr annual cash flow and $1,184/mo monthly cash flow. Total monthly income runs $3,599/mo, and a $1,958/mo payment keeps the spread at $1,184/mo. Purchase price stands at $400,000, and rental yield measures 10.8% with $3,599/mo rent. Return on cash invested shows 30.63% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 160.13% and total cumulative return in cash records $212,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,599/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1929
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97067, Welches, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 697 (56.7%) |
| Renter Occupied HU | 163 (13.3%) |
| Vacant Housing Units | 370 (30.1%) |
| Median Home Value | $592,161 |
| Average Home Value | $579,236 |
Housing Distribution
Address Breakdown
Residential
666
Single Family
666
Multi-Family
0
Businesses
119
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