38129 Weirich Dr UNIT 65LebanonOR97355
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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
Investment property for sale in Lebanon at 38129 Weirich Dr UNIT 65, Lebanon, OR, 97355 uses $36,465 cash to close to unlock $12,461/yr annual cash flow and $1,038/mo monthly cash flow. Total monthly income runs $1,702/mo, and a $538/mo payment keeps the spread at $1,038/mo. Purchase price stands at $110,000, and rental yield measures 18.57% with $1,702/mo rent. Return on cash invested shows 54.08% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 285.97% and total cumulative return in cash records $104,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,702/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97355, Lebanon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,613 (100%) |
| Owner Occupied HU | 8,894 (65.3%) |
| Renter Occupied HU | 4,185 (30.7%) |
| Vacant Housing Units | 534 ( 3.9%) |
| Median Home Value | $454,644 |
| Average Home Value | $513,412 |
Housing Distribution
Address Breakdown
Residential
13,188
Single Family
12,483
Multi-Family
705
Businesses
725
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Listed by: LAURA GILLOTT • Keller Williams Realty Mid-Willamette - Gillott Team
Mls Name: WVMLS
Mls Provider:
Mls ID: #821997
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.