31100 Harris RdDeer IslandOR97054
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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 Deer Island at 31100 Harris Rd, Deer Island, OR, 97054 earns from $2,040/mo rent with a $4,253/mo payment. Total monthly income totals $2,040/mo. ROI tracks 6.61% on current figures, and rental yield reads 2.82% at a $869,000 purchase. Equity gained on principal adds $5,608/yr, and 5% annual appreciation supports $240,089 over five years. Five-year ROI reaches 31.27% and total cumulative return in cash sums $89,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Single Family
Built in 1951
36.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97054, Deer Island, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 526 (79.7%) |
| Renter Occupied HU | 83 (12.6%) |
| Vacant Housing Units | 51 ( 7.7%) |
| Median Home Value | $473,529 |
| Average Home Value | $489,335 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
610
Multi-Family
1
Businesses
7
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Listed by: Tom Stubbs • RE/MAX Equity Group
Mls Name: RMLS (OR)
Mls ID: #452988857