2938 Starr AveOregonOH43616
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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 Oregon at 2938 Starr Ave, Oregon, OH, 43616 uses $74,554 cash to close to unlock $4,169/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $1,827/mo, and a $1,101/mo payment keeps the spread at $347/mo. Purchase price stands at $224,900, and rental yield measures 9.75% with $1,827/mo rent. Return on cash invested shows 25.5% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 133.39% and total cumulative return in cash records $99,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,827/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43616, Oregon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,138 (100%) |
| Owner Occupied HU | 6,282 (68.7%) |
| Renter Occupied HU | 2,331 (25.5%) |
| Vacant Housing Units | 525 ( 5.7%) |
| Median Home Value | $221,729 |
| Average Home Value | $253,184 |
Housing Distribution
Address Breakdown
Residential
9,068
Single Family
7,759
Multi-Family
1,309
Businesses
615
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