31021 NW North AveNorth PlainsOR97133
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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 North Plains at 31021 NW North Ave, North Plains, OR, 97133 generates $2,916/mo in rent and, after a $1,884/mo payment, leaves $593/mo in cash flow. Total monthly income is $2,916/mo, and annual cash flow is $7,111/yr on $127,594 invested. Return on cash invested sits at 25.48% in year one, and rental yield is 9.09% on a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 132.53% and total cumulative return in cash sums $169,107. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,916/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97133, North Plains, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 2,043 (81.6%) |
| Renter Occupied HU | 339 (13.5%) |
| Vacant Housing Units | 121 ( 4.8%) |
| Median Home Value | $720,843 |
| Average Home Value | $767,736 |
Housing Distribution
Address Breakdown
Residential
2,158
Single Family
2,158
Multi-Family
0
Businesses
216
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Listed by: Marie Boatsman • Berkshire Hathaway HomeServices NW Real Estate
Mls Name: RMLS (OR)
Mls ID: #389490692