28 N Durette DrOtisOR97368
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
Investment Highlights
Rental property for sale in Otis at 28 N Durette Dr, Otis, OR, 97368 priced at $384,900 pairs $2,744/mo rent with $421/mo cash flow after a $1,884/mo payment. Total monthly income equals $2,744/mo, and annual cash flow comes to $5,047/yr on $127,594 invested. Return on cash invested is 23.86% in year one, and rental yield stands at 8.55% on a $384,900 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,341 by year five. Five-year ROI measures 123.85% and total cumulative return in cash reaches $158,031. For financing, Ziffy Mortgage’s DSCR program evaluates $2,744/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2022
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97368, Otis, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,216 (65.3%) |
| Renter Occupied HU | 286 (15.4%) |
| Vacant Housing Units | 360 (19.3%) |
| Median Home Value | $381,203 |
| Average Home Value | $406,891 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices