340 NE Crest St UNIT 61SublimityOR97385
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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 Sublimity at 340 NE Crest St UNIT 61, Sublimity, OR, 97385 earns $229/mo cash flow from $984/mo rent with a $612/mo payment. Total monthly income totals $984/mo, and annual cash flow totals $2,752/yr on $41,421 capital. ROI tracks 26.55% on current figures, and rental yield reads 9.45% at a $124,950 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,521 over five years. Five-year ROI reaches 138.34% and total cumulative return in cash sums $57,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $984/mo property income instead of your personal income.
Manufactured
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97385, Sublimity, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 1,082 (74.8%) |
| Renter Occupied HU | 331 (22.9%) |
| Vacant Housing Units | 33 ( 2.3%) |
| Median Home Value | $524,709 |
| Average Home Value | $548,688 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,330
Multi-Family
1
Businesses
107
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Listed by: DENISE BUSCH • Paramount Real Estate Services
Mls Name: WVMLS
Mls Provider:
Mls ID: #827276
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.