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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tangent at 31919 N Lake Creek Dr UNIT 17, Tangent, OR, 97389 offers a 9.32% rental yield on a $149,900 purchase with $1,164/mo rent. Total monthly income registers $1,164/mo, and a $734/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,106/yr on $49,692 to close, and return on cash invested stands at 26.16% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 136.2% and total cumulative return in cash at $67,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,164/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97389, Tangent, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 740 (100%) |
| Owner Occupied HU | 537 (72.6%) |
| Renter Occupied HU | 166 (22.4%) |
| Vacant Housing Units | 37 ( 5.0%) |
| Median Home Value | $506,307 |
| Average Home Value | $544,939 |
Residential
624
Single Family
624
Multi-Family
0
Businesses
129
Date | Event | Price |
|---|---|---|
| 2025-06-15 | Listed for sale | $149,900 |
| 2020-08-31 | Sold | $70,000 |
| 2020-07-27 | Listed for sale | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-18 | $852.68 | 1.10% | $57,380 | 3.00% |
| 2022-06-18 | $843.39 | 10.02% | $55,710 | 3.00% |
| 2021-06-18 | $766.60 | -0.56% | $54,090 | 2.98% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
