246 S E StLakeviewOR97630
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 Lakeview at 246 S E St, Lakeview, OR, 97630 listed at $425,000 pairs $2,646/mo rent with a $2,080/mo payment to leave $81/mo cash flow. Total monthly income runs $2,646/mo, and annual cash flow reaches $969/yr on $140,888 cash to close. Return on cash invested measures 20.6% in year one, and rental yield registers 7.47% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 106.33% and total cumulative return in cash totals $149,801. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,646/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97630, Lakeview, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 1,505 (60.5%) |
| Renter Occupied HU | 677 (27.2%) |
| Vacant Housing Units | 307 (12.3%) |
| Median Home Value | $226,628 |
| Average Home Value | $273,053 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,269
Multi-Family
34
Businesses
332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices