3122 Gold Mine AveWhite CityOR97503
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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 White City at 3122 Gold Mine Ave, White City, OR, 97503 generates $2,648/mo in rent and, after a $1,811/mo payment, leaves $415/mo in cash flow. Total monthly income is $2,648/mo, and annual cash flow is $4,975/yr on $122,655 invested. Return on cash invested sits at 23.97% in year one, and rental yield is 8.59% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 124.41% and total cumulative return in cash sums $152,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,648/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97503, White City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,350 (100%) |
| Owner Occupied HU | 3,346 (76.9%) |
| Renter Occupied HU | 848 (19.5%) |
| Vacant Housing Units | 156 ( 3.6%) |
| Median Home Value | $392,040 |
| Average Home Value | $412,004 |
Housing Distribution
Address Breakdown
Residential
4,236
Single Family
4,132
Multi-Family
104
Businesses
412
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Listed by: N/A • eXp Realty, LLC
Mls Name: Oregon Datashare
Mls ID: #220205270