23619 Highway 62TrailOR97541
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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
Investment property for sale in Trail at 23619 Highway 62, Trail, OR, 97541 listed at $259,900 pairs $2,240/mo rent with a $1,272/mo payment to leave $671/mo cash flow. Total monthly income runs $2,240/mo, and annual cash flow reaches $8,055/yr on $86,157 cash to close. Return on cash invested measures 29.26% in year one, and rental yield registers 10.34% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 152.82% and total cumulative return in cash totals $131,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,240/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1974
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97541, Trail, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 517 (71.2%) |
| Renter Occupied HU | 123 (16.9%) |
| Vacant Housing Units | 86 (11.8%) |
| Median Home Value | $631,250 |
| Average Home Value | $663,636 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
563
Multi-Family
3
Businesses
24
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