3397 Oak StFlorenceOR97439
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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
Total monthly income runs $1,729/mo, and a $2,374/mo payment. Purchase price stands at $485,000, and rental yield measures 4.28% with $1,729/mo rent. Return on cash invested shows 10.96% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 54.68% and total cumulative return in cash records $87,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,729/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Multi Family
Built in 2004
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97439, Florence, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,722 (61.1%) |
| Renter Occupied HU | 2,076 (22.2%) |
| Vacant Housing Units | 1,560 (16.7%) |
| Median Home Value | $526,815 |
| Average Home Value | $571,760 |
Housing Distribution
Address Breakdown
Residential
7,674
Single Family
7,218
Multi-Family
456
Businesses
655
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