2440 Porter StLebanonOR97355
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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 Lebanon at 2440 Porter St, Lebanon, OR, 97355 generates $1,961/mo in rent and, after a $1,400/mo payment, leaves $234/mo in cash flow. Total monthly income is $1,961/mo, and annual cash flow is $2,812/yr on $94,842 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 8.23% on a $286,100 entry. Equity gained on principal adds $1,846/yr, while 5% annual appreciation builds toward $79,044 over five years. Five-year ROI reaches 118.57% and total cumulative return in cash sums $112,456. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,961/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97355, Lebanon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,613 (100%) |
| Owner Occupied HU | 8,894 (65.3%) |
| Renter Occupied HU | 4,185 (30.7%) |
| Vacant Housing Units | 534 ( 3.9%) |
| Median Home Value | $454,644 |
| Average Home Value | $513,412 |
Housing Distribution
Address Breakdown
Residential
13,188
Single Family
12,483
Multi-Family
705
Businesses
725
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