29506 Old Rainier RdRainierOR97048
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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 Rainier at 29506 Old Rainier Rd, Rainier, OR, 97048 offers a 5.14% rental yield on a $524,900 purchase with $2,250/mo rent. 68% in year one. Equity gained on principal adds $3,387/yr while 5% annual appreciation supports $145,020 over five years. Portfolio math shows five-year ROI at 69.2% and total cumulative return in cash at $119,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,250/mo property income against a $2,569/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97048, Rainier, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,949 (100%) |
| Owner Occupied HU | 2,196 (74.5%) |
| Renter Occupied HU | 538 (18.2%) |
| Vacant Housing Units | 215 ( 7.3%) |
| Median Home Value | $450,711 |
| Average Home Value | $472,026 |
Housing Distribution
Address Breakdown
Residential
2,363
Single Family
2,362
Multi-Family
1
Businesses
156
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