324 SE Belgian StSublimityOR97385
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sublimity at 324 SE Belgian St, Sublimity, OR, 97385 offers $3,491/mo rent that, after a $2,912/mo payment. Total monthly income is $3,491/mo. Return on cash invested measures 19.32% in year one, and rental yield stands at 7.04% at a $595,000 entry. Equity gained on principal adds $3,839/yr while 5% annual appreciation compounds into $164,388 by year five. Five-year ROI records 99.48% and total cumulative return in cash reaches $194,738. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,491/mo property income versus a $2,912/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
10,015 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97385, Sublimity, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 1,082 (74.8%) |
| Renter Occupied HU | 331 (22.9%) |
| Vacant Housing Units | 33 ( 2.3%) |
| Median Home Value | $524,709 |
| Average Home Value | $548,688 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,330
Multi-Family
1
Businesses
107
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Listed by: CHRIS FORRETTE • Coldwell Banker Mountain West Real Estate, Inc.
Mls Name: WVMLS
Mls Provider:
Mls ID: #828829
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.