252 NE 3rd StOaklandOR97462
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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 Oakland at 252 NE 3rd St, Oakland, OR, 97462 offers a 8.24% rental yield on a $329,000 purchase with $2,259/mo rent. Total monthly income registers $2,259/mo, and a $1,610/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,281/yr on $109,064 to close, and return on cash invested stands at 22.92% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 118.79% and total cumulative return in cash at $129,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,259/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97462, Oakland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,020 (100%) |
| Owner Occupied HU | 1,462 (72.4%) |
| Renter Occupied HU | 338 (16.7%) |
| Vacant Housing Units | 220 (10.9%) |
| Median Home Value | $500,818 |
| Average Home Value | $522,541 |
Housing Distribution
Address Breakdown
Residential
1,334
Single Family
1,334
Multi-Family
0
Businesses
74
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