23755 Sandlake RdCloverdaleOR97112
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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 Cloverdale at 23755 Sandlake Rd, Cloverdale, OR, 97112 uses $112,677 cash to close to unlock $11,099/yr annual cash flow and $925/mo monthly cash flow. Total monthly income runs $2,977/mo, and a $1,664/mo payment keeps the spread at $925/mo. Purchase price stands at $339,900, and rental yield measures 10.51% with $2,977/mo rent. Return on cash invested shows 29.76% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 155.46% and total cumulative return in cash records $175,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,977/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97112, Cloverdale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,019 (100%) |
| Owner Occupied HU | 901 (44.6%) |
| Renter Occupied HU | 248 (12.3%) |
| Vacant Housing Units | 870 (43.1%) |
| Median Home Value | $467,647 |
| Average Home Value | $508,310 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
802
Multi-Family
1
Businesses
49
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Listed by: KEVIN RILEY • Vantage Point Brokers, Llc
Mls Name: WVMLS
Mls ID: #831649