32900 Old Church RdTangentOR97389
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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 32900 Old Church Rd, Tangent, OR, 97389 offers a 6.35% rental yield on a $479,000 purchase with $2,534/mo rent. 21% in year one. Equity gained on principal adds $3,091/yr while 5% annual appreciation supports $132,339 over five years. Portfolio math shows five-year ROI at 88.19% and total cumulative return in cash at $140,043. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,534/mo property income against a $2,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.39 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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