367 NE Cherry StMill CityOR97360
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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 Mill City at 367 NE Cherry St, Mill City, OR, 97360 priced at $440,000 pairs $2,401/mo rent with after a $2,154/mo payment. Total monthly income equals $2,401/mo. Return on cash invested is 17.81% in year one, and rental yield stands at 6.55% on a $440,000 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,564 by year five. Five-year ROI measures 91.38% and total cumulative return in cash reaches $133,282. For financing, Ziffy Mortgage’s DSCR program evaluates $2,401/mo property income against a $2,154/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
0.64 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: TYLER BLYTHE • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #829010
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.