3701 Seminole Rd NESilvertonOR97381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Silverton at 3701 Seminole Rd NE, Silverton, OR, 97381 generates $2,437/mo in rent, after a $2,570/mo payment. Total monthly income is $2,437/mo. Return on cash invested sits at 14.97% in year one, and rental yield is 5.57% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 76.14% and total cumulative return in cash sums $131,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,437/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97381, Silverton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,528 (100%) |
| Owner Occupied HU | 4,593 (70.4%) |
| Renter Occupied HU | 1,674 (25.6%) |
| Vacant Housing Units | 261 ( 4.0%) |
| Median Home Value | $585,629 |
| Average Home Value | $626,464 |
Housing Distribution
Address Breakdown
Residential
6,061
Single Family
5,752
Multi-Family
309
Businesses
560
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Nearby investment properties with comparable prices
Listed by: TAMMIE SAKAI • Bella Casa Real Estate Group-Silverton
Mls Name: WVMLS
Mls Provider:
Mls ID: #826446
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.