265 Elkview DrCanyon CityOR97820
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.04% gross rental yield, 265 Elkview Dr, Canyon City, OR, 97820 in Canyon City is priced for capital growth, not immediate cash flow. The $525,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $145,048 by year five, with $4,835/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.93) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $136,816.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.2% |
| Monthly Cash Flow | $(962) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,207 |
| Total Monthly Debt Service | $2,960 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97820, Canyon City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 380 (73.1%) |
| Renter Occupied HU | 103 (19.8%) |
| Vacant Housing Units | 37 ( 7.1%) |
| Median Home Value | $333,333 |
| Average Home Value | $441,599 |
Housing Distribution
Address Breakdown
Residential
205
Single Family
199
Multi-Family
6
Businesses
62
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
Single Family
Built in 2010
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97820, Canyon City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 380 (73.1%) |
| Renter Occupied HU | 103 (19.8%) |
| Vacant Housing Units | 37 ( 7.1%) |
| Median Home Value | $333,333 |
| Average Home Value | $441,599 |
Housing Distribution
Address Breakdown
Residential
205
Single Family
199
Multi-Family
6
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Madden Realty
Mls Name: Oregon Datashare
Mls ID: #220208590