31261 NW 311th 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
Investment property for sale in North Plains at 31261 NW 311th Ave, North Plains, OR, 97133 offers a 5.7% rental yield on a $731,500 purchase with $3,474/mo rent. 37% in year one. Equity gained on principal adds $4,720/yr while 5% annual appreciation supports $202,100 over five years. Portfolio math shows five-year ROI at 78.25% and total cumulative return in cash at $188,309. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,474/mo property income against a $3,580/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,227 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: Wes Helmer • HomeSmart Realty Group
Mls Name: RMLS (OR)
Mls ID: #531125588