2899 Reuben RdGlendaleOR97442
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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 Glendale at 2899 Reuben Rd, Glendale, OR, 97442 uses $36,465 cash to close to unlock $2,489/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $871/mo, and a $538/mo payment keeps the spread at $207/mo. Purchase price stands at $110,000, and rental yield measures 9.5% with $871/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 139.3% and total cumulative return in cash records $50,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $871/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1969
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97442, Glendale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 662 (63.9%) |
| Renter Occupied HU | 268 (25.9%) |
| Vacant Housing Units | 106 (10.2%) |
| Median Home Value | $376,596 |
| Average Home Value | $555,457 |
Housing Distribution
Address Breakdown
Residential
460
Single Family
456
Multi-Family
4
Businesses
55
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