280 Lombard StFalls CityOR97344
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
Investment property for sale in Falls City at 280 Lombard St, Falls City, OR, 97344 with 5% annual appreciation on a $339,000 basis while $2,615/mo rent supports operations. Total monthly income totals $2,615/mo and a $1,659/mo payment preserves $569/mo for cash returns. Annual cash flow comes to $6,828/yr on $112,379 deployed, and return on cash invested reaches 25.98% in year one. Equity gained on principal adds $2,188/yr, and five-year appreciation sums $93,659 alongside rental yield of 9.26%. Five-year ROI measures 135.21% and total cumulative return in cash totals $151,948.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,615/mo property income versus a $1,659/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97344, Falls City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 387 (76.5%) |
| Renter Occupied HU | 86 (17.0%) |
| Vacant Housing Units | 33 ( 6.5%) |
| Median Home Value | $537,775 |
| Average Home Value | $536,912 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
456
Multi-Family
3
Businesses
26
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Listed by: CAMRYN FOX • Keller Williams Realty Portland Premiere
Mls Name: WVMLS
Mls Provider:
Mls ID: #828781
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.