307 Sherman St, Amity, OR, 97101 | $826/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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307 Sherman St, Amity, OR, 97101 | $826/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Amity at 307 Sherman St, Amity, OR, 97101 uses $124,313 cash to close to unlock $9,910/yr annual cash flow and $826/mo monthly cash flow. Total monthly income runs $3,089/mo, and a $1,835/mo payment keeps the spread at $826/mo. Purchase price stands at $375,000, and rental yield measures 9.88% with $3,089/mo rent. Return on cash invested shows 27.88% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 145.39% and total cumulative return in cash records $180,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,089/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Single Family

Built in 1947

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Across from Amity High & Middle School Single-story 3 bed, 1 bath Covered patio Fenced yard Workshop garage Near coffee, parks & wine country. Stucco exterior repainted 5 yrs ago with composition roof and level lot. Laminate floors, dining area, laundry room. Gas forced-air heat. Easy access to Highway 99W and downtown amenities. No HOA. Across from Amity High & Middle School Near coffee, parks & local dining Close to Yamhill Valley wine countrySingle-story 3 bed, 1 bath home featuring approximately 1,296 sq ft of living space on a 0.19-acre lot in central Amity. Stucco exterior repainted about 5 years ago with a composition roof and level fenced yard. Covered patio extends the outdoor area for relaxing or entertaining. Interior includes laminate flooring, dining area, laundry room, and fresh paint. Garage currently used as workshop or storage but convertible to single-car garage. Gas forced-air heating for year-round comfort. Functional yard ready for landscape refresh. Located across from Amity High and Middle Schools (same campus) with nearby park, coffee, and local shops within about 0.5 mile. Easy access to Highway 99W and near Yamhill Valley vineyards and tasting rooms. No HOA. Classic Amity home with flexibility for updates and a connected location in Oregon wine country.

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