289 Harvard DrWoodburnOR97071
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 Woodburn at 289 Harvard Dr, Woodburn, OR, 97071 offers $2,798/mo rent that, after a $2,393/mo payment. Total monthly income is $2,798/mo. Return on cash invested measures 18.77% in year one, and rental yield stands at 6.87% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 96.55% and total cumulative return in cash reaches $156,514. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,798/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,832 (100%) |
| Owner Occupied HU | 7,016 (59.3%) |
| Renter Occupied HU | 3,962 (33.5%) |
| Vacant Housing Units | 854 ( 7.2%) |
| Median Home Value | $441,872 |
| Average Home Value | $501,221 |
Housing Distribution
Address Breakdown
Residential
10,645
Single Family
9,933
Multi-Family
712
Businesses
853
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