340 E College StMount AngelOR97362
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 340 E College St, Mount Angel, OR, 97362 in Mount Angel is a conservative rental investment at $375,000. Rental yield 7.51%. A 1.39 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $103,606; $3,454/yr in principal paydown supplements. Total projected return: $140,660.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $(28) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,346 |
| Total Monthly Debt Service | $2,224 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1990
2,400 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97362, Mount Angel, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,691 (100%) |
| Owner Occupied HU | 1,001 (59.2%) |
| Renter Occupied HU | 573 (33.9%) |
| Vacant Housing Units | 117 ( 6.9%) |
| Median Home Value | $574,430 |
| Average Home Value | $734,103 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,210
Multi-Family
228
Businesses
167
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
Condo
Built in 1990
2,400 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97362, Mount Angel, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,691 (100%) |
| Owner Occupied HU | 1,001 (59.2%) |
| Renter Occupied HU | 573 (33.9%) |
| Vacant Housing Units | 117 ( 6.9%) |
| Median Home Value | $574,430 |
| Average Home Value | $734,103 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,210
Multi-Family
228
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROSIE WILGUS • Harcourts Silverton
Mls Name: WVMLS
Mls Provider:
Mls ID: #828912
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.