251 Major DrGlendaleOR97442
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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 Glendale at 251 Major Dr, Glendale, OR, 97442 offers $1,784/mo rent that, after a $1,047/mo payment, leaves $493/mo cash flow. Total monthly income is $1,784/mo, and annual cash flow is $5,912/yr on $70,941 cash. Return on cash invested measures 28.24% in year one, and rental yield stands at 10% at a $214,000 entry. Equity gained on principal adds $1,381/yr while 5% annual appreciation compounds into $59,124 by year five. Five-year ROI records 147.33% and total cumulative return in cash reaches $104,519. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,784/mo property income versus a $1,047/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97442, Glendale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 662 (63.9%) |
| Renter Occupied HU | 268 (25.9%) |
| Vacant Housing Units | 106 (10.2%) |
| Median Home Value | $376,596 |
| Average Home Value | $555,457 |
Housing Distribution
Address Breakdown
Residential
460
Single Family
456
Multi-Family
4
Businesses
55
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Listed by: N/A • Century 21 Team Realty
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220180459
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