302 N Jellison StAmityOR97101
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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 Amity at 302 N Jellison St, Amity, OR, 97101 listed at $199,999 pairs $2,874/mo rent with a $979/mo payment to leave $1,667/mo cash flow. Total monthly income runs $2,874/mo, and annual cash flow reaches $20,000/yr on $66,300 cash to close. Return on cash invested measures 50.07% in year one, and rental yield registers 17.24% at a $199,999 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 264.43% and total cumulative return in cash totals $175,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,874/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1971
10,454 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97101, Amity, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,081 (73.6%) |
| Renter Occupied HU | 303 (20.6%) |
| Vacant Housing Units | 85 ( 5.8%) |
| Median Home Value | $661,885 |
| Average Home Value | $714,461 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,023
Multi-Family
2
Businesses
66
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $199,999 |
| 2024-09-11 | Pending sale | $199,999 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $475.85 | 1.73% | $27,602 | 3.00% |
| 2022-10-15 | $467.76 | 13.81% | $26,798 | 3.00% |
| 2021-10-15 | $411.00 | 2.85% | $26,017 | 3.00% |
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1971
- Architectural Style: N/A
- Building Area: 1,440
- Living Area: 1,440 sqft
- Property Condition: Fixer
Features & Amenities
- Heating: Forced Air
- Cooling: Window Unit(s)
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Carport, Driveway
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Amity
- Middle School: Amity
- High School: Amity
Listed by: Melissa Siciliano • eXp Realty, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24201896
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 05:49:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.