23900 SW Loganberry LnSheridanOR97378
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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
Rental property for sale in Sheridan at 23900 SW Loganberry Ln, Sheridan, OR, 97378 generates $1,895/mo in rent, after a $2,790/mo payment. Total monthly income is $1,895/mo. Return on cash invested sits at 10.17% in year one, and rental yield is 3.99% on a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 50.39% and total cumulative return in cash sums $94,501. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,895/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,913 (64.3%) |
| Renter Occupied HU | 917 (30.8%) |
| Vacant Housing Units | 147 ( 4.9%) |
| Median Home Value | $395,612 |
| Average Home Value | $482,628 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,545
Multi-Family
107
Businesses
167
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