350 Alder StCentral PointOR97502
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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 Central Point at 350 Alder St, Central Point, OR, 97502 earns from $1,817/mo rent with a $3,225/mo payment. Total monthly income totals $1,817/mo. ROI tracks 8.1% on current figures, and rental yield reads 3.31% at a $659,000 purchase. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 over five years. Five-year ROI reaches 39.3% and total cumulative return in cash sums $85,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,817/mo property income instead of your personal income.
Multi Family
Built in 1971
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97502, Central Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,057 (100%) |
| Owner Occupied HU | 8,449 (70.1%) |
| Renter Occupied HU | 3,233 (26.8%) |
| Vacant Housing Units | 375 ( 3.1%) |
| Median Home Value | $456,589 |
| Average Home Value | $512,961 |
Housing Distribution
Address Breakdown
Residential
11,805
Single Family
11,171
Multi-Family
634
Businesses
1,016
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Listed by: N/A • Windermere Van Vleet & Assoc2
Mls Name: Oregon Datashare
Mls ID: #220207130