35928 E Historic Columbia Ri HwyCorbettOR97019
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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
Rental property for sale in Corbett at 35928 E Historic Columbia Ri Hwy, Corbett, OR, 97019 generates $3,670/mo in rent and, after a $2,393/mo payment, leaves $719/mo in cash flow. Total monthly income is $3,670/mo, and annual cash flow is $8,625/yr on $162,104 invested. Return on cash invested sits at 25.23% in year one, and rental yield is 9.01% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 131.16% and total cumulative return in cash sums $212,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,670/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97019, Corbett, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 915 (78.0%) |
| Renter Occupied HU | 182 (15.5%) |
| Vacant Housing Units | 76 ( 6.5%) |
| Median Home Value | $694,042 |
| Average Home Value | $757,249 |
Housing Distribution
Address Breakdown
Residential
971
Single Family
968
Multi-Family
3
Businesses
111
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