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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Silverton at 240 Norway St, Silverton, OR, 97381 priced at $479,900 pairs $3,002/mo rent with $105/mo cash flow after a $2,349/mo payment. Total monthly income equals $3,002/mo, and annual cash flow comes to $1,261/yr on $159,087 invested. Return on cash invested is 20.7% in year one, and rental yield stands at 7.51% on a $479,900 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,588 by year five. Five-year ROI measures 106.91% and total cumulative return in cash reaches $170,085. For financing, Ziffy Mortgage’s DSCR program evaluates $3,002/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97381, Silverton, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 4,593 (70.4%) |
| Renter Occupied HU | 1,674 (25.6%) |
| Vacant Housing Units | 261 ( 4.0%) |
| Median Home Value | $585,629 |
| Average Home Value | $626,464 |
Residential
6,061
Single Family
5,752
Multi-Family
309
Businesses
560
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: NICK AYHAN • Harcourts Elite
Mls Name: WVMLS
Mls ID: #836035
