24520 Highway 62TrailOR97541
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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 Trail at 24520 Highway 62, Trail, OR, 97541 offers a 6.8% rental yield on a $425,000 purchase with $2,410/mo rent. 59% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 95.55% and total cumulative return in cash at $134,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,410/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97541, Trail, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 726 (100%) |
| Owner Occupied HU | 517 (71.2%) |
| Renter Occupied HU | 123 (16.9%) |
| Vacant Housing Units | 86 (11.8%) |
| Median Home Value | $631,250 |
| Average Home Value | $663,636 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
563
Multi-Family
3
Businesses
24
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