2600 NE 205th Ave UNIT 5FairviewOR97024
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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 Fairview at 2600 NE 205th Ave UNIT 5, Fairview, OR, 97024 uses $66,300 cash to close to unlock $2,192/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,390/mo, and a $979/mo payment keeps the spread at $183/mo. Purchase price stands at $200,000, and rental yield measures 8.34% with $1,390/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 120.39% and total cumulative return in cash records $79,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,390/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
1,296 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97024, Fairview, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,785 (100%) |
| Owner Occupied HU | 2,484 (51.9%) |
| Renter Occupied HU | 2,091 (43.7%) |
| Vacant Housing Units | 210 ( 4.4%) |
| Median Home Value | $456,124 |
| Average Home Value | $448,692 |
Housing Distribution
Address Breakdown
Residential
4,548
Single Family
3,972
Multi-Family
576
Businesses
432
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