33480 Ferry StCloverdaleOR97112
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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 Cloverdale at 33480 Ferry St, Cloverdale, OR, 97112 listed at $449,000 pairs $2,119/mo rent with a $2,198/mo payment. Total monthly income runs $2,119/mo. Return on cash invested measures 15.14% in year one, and rental yield registers 5.66% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 77.08% and total cumulative return in cash totals $114,724. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,119/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97112, Cloverdale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,019 (100%) |
| Owner Occupied HU | 901 (44.6%) |
| Renter Occupied HU | 248 (12.3%) |
| Vacant Housing Units | 870 (43.1%) |
| Median Home Value | $467,647 |
| Average Home Value | $508,310 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
802
Multi-Family
1
Businesses
49
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Listed by: Carolyn H. Decker • Decker Real Estate, Inc
Mls Name: Tillamook County BOR
Mls ID: #24-554
Disclaimer: Copyright Tillamook County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.