300 Luman RdPhoenixOR97535
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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 Phoenix at 300 Luman Rd, Phoenix, OR, 97535 offers a 12.73% rental yield on a $211,300 purchase with $2,242/mo rent. Total monthly income registers $2,242/mo, and a $1,034/mo payment leaves $967/mo available for distribution. Annual cash flow reaches $11,601/yr on $70,046 to close, and return on cash invested stands at 36.47% in year one. Equity gained on principal adds $1,363/yr while 5% annual appreciation supports $58,378 over five years. Portfolio math shows five-year ROI at 191.47% and total cumulative return in cash at $134,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,242/mo property income against a $1,034/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97535, Phoenix, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,322 (100%) |
| Owner Occupied HU | 1,455 (62.7%) |
| Renter Occupied HU | 774 (33.3%) |
| Vacant Housing Units | 93 ( 4.0%) |
| Median Home Value | $462,558 |
| Average Home Value | $542,500 |
Housing Distribution
Address Breakdown
Residential
1,761
Single Family
1,703
Multi-Family
58
Businesses
277
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