29368 NW 293rd AveNorth PlainsOR97133
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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 North Plains at 29368 NW 293rd Ave, North Plains, OR, 97133 offers a 7.88% rental yield on a $529,000 purchase with $3,474/mo rent. Total monthly income registers $3,474/mo, and a $2,589/mo payment leaves $281/mo available for distribution. Annual cash flow reaches $3,373/yr on $174,041 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 113.83% and total cumulative return in cash at $198,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,474/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97133, North Plains, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 2,043 (81.6%) |
| Renter Occupied HU | 339 (13.5%) |
| Vacant Housing Units | 121 ( 4.8%) |
| Median Home Value | $720,843 |
| Average Home Value | $767,736 |
Housing Distribution
Address Breakdown
Residential
2,158
Single Family
2,158
Multi-Family
0
Businesses
216
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Listed by: Jeffrey Hartley • Peak Realty
Mls Name: RMLS (OR)
Mls ID: #303893360