33742 Railroad Ave SEGatesOR97346
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
Investment property for sale in Gates at 33742 Railroad Ave SE, Gates, OR, 97346 offers a 4.97% rental yield on a $1,275,000 purchase with $5,276/mo rent. 34% in year one. Equity gained on principal adds $8,227/yr while 5% annual appreciation supports $352,259 over five years. Portfolio math shows five-year ROI at 67.32% and total cumulative return in cash at $278,114. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,276/mo property income against a $6,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97346, Gates, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 269 (56.3%) |
| Renter Occupied HU | 72 (15.1%) |
| Vacant Housing Units | 137 (28.7%) |
| Median Home Value | $398,611 |
| Average Home Value | $487,835 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: HANNAH THOMPSON • Ned Baker Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #826877
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.