29720 Jeans Rd SPACE 24, Veneta, OR, 97487 | $280/mo Cash Flow

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Price: $300K - 500K

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29720 Jeans Rd SPACE 24, Veneta, OR, 97487 | $280/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Nearby investment properties with comparable rents

3 Bed
2 Bath
1000 sft

87860 Territorial Rd SPACE 17, Veneta, OR, 97487

2 Bed
1 Bath
924 sft

25748 Wiggins Ln, Veneta, OR, 97487

Nearby investment properties with comparable prices

3 Bed
2 Bath
1000 sft

87860 Territorial Rd SPACE 17, Veneta, OR, 97487

2 Bed
1 Bath
924 sft

25748 Wiggins Ln, Veneta, OR, 97487

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

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Investment Highlights

Investment property for sale in Veneta at 29720 Jeans Rd SPACE 24, Veneta, OR, 97487 listed at $183,000 pairs $1,385/mo rent with a $896/mo payment to leave $280/mo cash flow. Total monthly income runs $1,385/mo, and annual cash flow reaches $3,361/yr on $60,665 cash to close. Return on cash invested measures 25.45% in year one, and rental yield registers 9.08% at a $183,000 basis. Equity gained on principal adds $1,181/yr, and annual property appreciation at 5% supports $50,560 by year five. Five-year ROI tracks 132.43% and total cumulative return in cash totals $80,339. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,385/mo property income relative to a $896/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1995

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Fern Ridge Shores, an all-ages manufactured home community where country charm meets lakeside living. This 3-bedroom, 2-bath home offers a comfortable layout with plenty of natural light, cozy living spaces, and thoughtful details that make it move-in ready.Step inside to find an open floor plan that flows seamlessly from the living room into the kitchen and dining areaperfect for everyday living or hosting family and friends.Outside, youll enjoy the peace and quiet of the parks serene setting. Wake up to the sound of birdsong, and in the evenings, relax as you watch deer wander through the community. For outdoor enthusiasts, its only a minutes walk to Fern Ridge Reservoir, offering endless opportunities for fishing, boating, and sunset strolls.Living at Fern Ridge Shores also means access to excellent amenities:Affordable space rent at $550/month (tenants responsible for electric & trash)On-site property managers for peace of mindDiscounted boat moorage plus storage options for RVs, boats, and trailersAll-ages community with a welcoming atmosphereWhether youre searching for your forever home or a peaceful weekend retreat near the water, this property combines comfort, affordability, and an unbeatable location. Dont miss the chance to own in one of the areas most desirable communities with direct access to Fern Ridge Reservoir.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97487, Veneta, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,748 (100%)
Owner Occupied HU	2,961 (79.0%)
Renter Occupied HU	649 (17.3%)
Vacant Housing Units	138 ( 3.7%)
Median Home Value	$458,384
Average Home Value	$527,921