324 W Sherman StLebanonOR97355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 1 Bath
- 1196 sft
- 2 Bed
- 1 Bath
- 964 sft
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 Lebanon at 324 W Sherman St, Lebanon, OR, 97355 offers $2,617/mo rent that, after a $1,591/mo payment, leaves $655/mo cash flow. Total monthly income is $2,617/mo, and annual cash flow is $7,860/yr on $107,738 cash. Return on cash invested measures 27.2% in year one, and rental yield stands at 9.66% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 141.76% and total cumulative return in cash reaches $152,725. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,617/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1941
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97355, Lebanon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,613 (100%) |
| Owner Occupied HU | 8,894 (65.3%) |
| Renter Occupied HU | 4,185 (30.7%) |
| Vacant Housing Units | 534 ( 3.9%) |
| Median Home Value | $454,644 |
| Average Home Value | $513,412 |
Housing Distribution
Address Breakdown
Residential
13,188
Single Family
12,483
Multi-Family
705
Businesses
725
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 1 Bath
- 1196 sft
- 2 Bed
- 1 Bath
- 964 sft