308 Pike StGlideOR97443
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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 Glide at 308 Pike St, Glide, OR, 97443 generates $1,796/mo in rent, after a $1,689/mo payment. Total monthly income is $1,796/mo. Return on cash invested sits at 16.9% in year one, and rental yield is 6.25% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 86.54% and total cumulative return in cash sums $98,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,796/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97443, Glide, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 636 (69.1%) |
| Renter Occupied HU | 170 (18.5%) |
| Vacant Housing Units | 115 (12.5%) |
| Median Home Value | $462,722 |
| Average Home Value | $509,096 |
Housing Distribution
Address Breakdown
Residential
536
Single Family
534
Multi-Family
2
Businesses
89
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