369 Cascade DrCentral 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
Rental property for sale in Central Point at 369 Cascade Dr, Central Point, OR, 97502 priced at $369,000 converts $2,657/mo rent into $430/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,657/mo, and annual cash flow totals $5,157/yr on $122,324 invested. Return on cash invested prints 24.12% in year one, and rental yield reads 8.64% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 125.25% and total cumulative return in cash sums $153,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,657/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 2006
4,356 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 • Nestwell Real Estate
Mls Name: Oregon Datashare
Mls ID: #220213461