2430 5th StColumbia CityOR97018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Columbia City at 2430 5th St, Columbia City, OR, 97018 offers a 5.15% rental yield on a $379,000 purchase with $1,626/mo rent. 59% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 68.78% and total cumulative return in cash at $86,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,626/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97018, Columbia City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 685 (84.5%) |
| Renter Occupied HU | 107 (13.2%) |
| Vacant Housing Units | 19 ( 2.3%) |
| Median Home Value | $495,000 |
| Average Home Value | $499,788 |
Housing Distribution
Address Breakdown
Residential
669
Single Family
669
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Erlandson • John L. Scott
Mls Name: RMLS (OR)
Mls ID: #508571050