306 Red Blanket RdProspectOR97536
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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 Prospect at 306 Red Blanket Rd, Prospect, OR, 97536 priced at $259,000 converts $2,260/mo rent into $696/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,260/mo, and annual cash flow totals $8,356/yr on $85,859 invested. Return on cash invested prints 29.64% in year one, and rental yield reads 10.47% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 154.86% and total cumulative return in cash sums $132,964. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,260/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1951
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97536, Prospect, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 558 (100%) |
| Owner Occupied HU | 374 (67.0%) |
| Renter Occupied HU | 104 (18.6%) |
| Vacant Housing Units | 80 (14.3%) |
| Median Home Value | $626,374 |
| Average Home Value | $681,738 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
298
Multi-Family
1
Businesses
25
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