32300 Old Oak DrTangentOR97389
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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 Tangent at 32300 Old Oak Dr, Tangent, OR, 97389 uses $107,704 cash to close to unlock $3,769/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $2,275/mo, and a $1,590/mo payment keeps the spread at $314/mo. Purchase price stands at $324,900, and rental yield measures 8.4% with $2,275/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 121.45% and total cumulative return in cash records $130,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,275/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Manufactured
Built in 1977
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97389, Tangent, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
129
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