24127 Redwood HwyKerbyOR97531
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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 Kerby at 24127 Redwood Hwy, Kerby, OR, 97531 offers a 9.06% rental yield on a $299,000 purchase with $2,258/mo rent. Total monthly income registers $2,258/mo, and a $1,463/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,444/yr on $99,119 to close, and return on cash invested stands at 25.4% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 132.09% and total cumulative return in cash at $130,930. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,258/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97531, Kerby, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 205 (100%) |
| Owner Occupied HU | 150 (73.2%) |
| Renter Occupied HU | 43 (21.0%) |
| Vacant Housing Units | 12 ( 5.9%) |
| Median Home Value | $326,471 |
| Average Home Value | $394,167 |
Housing Distribution
Address Breakdown
Residential
135
Single Family
135
Multi-Family
0
Businesses
16
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