2975 T StSpringfieldOR97477
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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
Rental property for sale in Springfield at 2975 T St, Springfield, OR, 97477 generates $3,174/mo in rent and, after a $2,227/mo payment, leaves $428/mo in cash flow. Total monthly income is $3,174/mo, and annual cash flow is $5,131/yr on $150,831 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 8.37% on a $454,995 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,707 over five years. Five-year ROI reaches 120.88% and total cumulative return in cash sums $182,330. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,174/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97477, Springfield, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 8,482 (50.4%) |
| Renter Occupied HU | 7,726 (45.9%) |
| Vacant Housing Units | 608 ( 3.6%) |
| Median Home Value | $406,808 |
| Average Home Value | $440,412 |
Housing Distribution
Address Breakdown
Residential
16,256
Single Family
14,766
Multi-Family
1,490
Businesses
1,346
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Listed by: Heather Quirke • D. R. Horton, Inc Portland
Mls Name: RMLS (OR)
Mls ID: #565859217