350 NE Skipanon DrWarrentonOR97146
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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 Warrenton at 350 NE Skipanon Dr, Warrenton, OR, 97146 with 5% annual appreciation on a $240,000 basis while $2,089/mo rent supports operations. Total monthly income totals $2,089/mo and a $1,175/mo payment preserves $640/mo for cash returns. Annual cash flow comes to $7,680/yr on $79,560 deployed, and return on cash invested reaches 29.56% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 10.45%. Five-year ROI measures 154.39% and total cumulative return in cash totals $122,834.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,089/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97146, Warrenton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,566 (100%) |
| Owner Occupied HU | 2,291 (64.2%) |
| Renter Occupied HU | 889 (24.9%) |
| Vacant Housing Units | 386 (10.8%) |
| Median Home Value | $480,571 |
| Average Home Value | $539,479 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
2,798
Multi-Family
401
Businesses
350
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