250 N Gun Club RdIndependenceOR97351
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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 Independence at 250 N Gun Club Rd, Independence, OR, 97351 earns from $3,642/mo rent with a $4,405/mo payment. Total monthly income totals $3,642/mo. ROI tracks 12.8% on current figures, and rental yield reads 4.86% at a $899,900 purchase. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 over five years. Five-year ROI reaches 64.5% and total cumulative return in cash sums $190,960. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,642/mo property income instead of your personal income.
Single Family
Built in 2003
6.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97351, Independence, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,369 (100%) |
| Owner Occupied HU | 2,647 (60.6%) |
| Renter Occupied HU | 1,605 (36.7%) |
| Vacant Housing Units | 117 ( 2.7%) |
| Median Home Value | $427,687 |
| Average Home Value | $490,376 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
4,110
Multi-Family
161
Businesses
323
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Listed by: KATY ROSECRANS • Smi Real Estate
Mls Name: WVMLS
Mls ID: #829835