23851 Schultz Rd NE, Aurora, OR, 97002 | Equity Gain $7,421/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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23851 Schultz Rd NE, Aurora, OR, 97002 | Equity Gain $7,421/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Aurora at 23851 Schultz Rd NE, Aurora, OR, 97002 earns from $0/mo rent with a $5,629/mo payment. Total monthly income totals $0/mo. ROI tracks -1.99% on current figures, and rental yield reads 0% at a $1,150,000 purchase. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.

Single Family

Built in 1974

2.04 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover a slice of the simple life where rural living meets small town charm! This peaceful 2.04 acre country home boasts a great layout with the ease of main level living. Opening to a bright living space updated with beautiful luxury vinyl flooring, the main level features a primary bedroom with en suite, the kitchen with ample cabinet space and built-in office nook and a dining area that opens to the spacious deck. Downstairs, the great room opens via slider to the in-ground pool and free-standing hot tub. Uniting the poolside patio space, the great room provides an ideal area for media/game room with a handy adjoining full bath, kitchenette/wet bar and informal dining space with bar seating, perfect for summer entertaining. The privately situated bonus room offers potential as 4th bedroom, or could readily function as guest quarters or for dual living configuration. A true homesteader and lifestyle property with easy RV/trailer access via the circular driveway. Two large shops with RV height doors offer plenty of room for equipment storage and workshop space. A greenhouse also awaits garden starts while there is plenty of cleared land for the addition of small livestock, garden or hobby orchard. While the poolside beckons you home to cool down this summer and enjoy quiet evenings under the stars, this small acreage holding offers the flexibility for animals united with the convenience of commuting to the Portland Metro. Please call today to schedule a showing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97002, Aurora, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,226 (100%)
Owner Occupied HU	1,742 (78.3%)
Renter Occupied HU	385 (17.3%)
Vacant Housing Units	99 ( 4.4%)
Median Home Value	$613,762
Average Home Value	$718,571