23421 S Highway 213 UNIT 86Oregon CityOR97045
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 23421 S Highway 213 UNIT 86, Oregon City, OR, 97045 in Oregon City speaks for itself: 20.62% gross on a $206,000 price, generating $3,540/mo in rent and $2,297/mo in net income after the $926/mo debt service. DSCR 3.82, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $27,558 stacks alongside $56,914 in projected five-year appreciation and $1,897/yr in principal reduction. Projected total cumulative return: $225,781.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.6% | 5.5% |
| Monthly Cash Flow | $2,297 | $1,850 |
City averages based on Oregon City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,540 |
| Total Monthly Debt Service | $1,161 |
| DSCR Ratio | 3.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2015
N/A lot
$N/A/sqft
No HOA
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
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
Manufactured
Built in 2015
N/A lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices