38222 Place RdFall CreekOR97438
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 38222 Place Rd, Fall Creek, OR, 97438 in Fall Creek is capital appreciation. Rental yield 5.22%. The 5.22% gross yield at $539,999 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $149,192 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.97) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $145,762.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.2% |
| Monthly Cash Flow | $(911) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,348 |
| Total Monthly Debt Service | $3,045 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
3.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97438, Fall Creek, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 535 (100%) |
| Owner Occupied HU | 382 (71.4%) |
| Renter Occupied HU | 116 (21.7%) |
| Vacant Housing Units | 37 ( 6.9%) |
| Median Home Value | $621,212 |
| Average Home Value | $728,796 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
20
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
Single Family
Built in 1958
3.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97438, Fall Creek, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 535 (100%) |
| Owner Occupied HU | 382 (71.4%) |
| Renter Occupied HU | 116 (21.7%) |
| Vacant Housing Units | 37 ( 6.9%) |
| Median Home Value | $621,212 |
| Average Home Value | $728,796 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josiah Serafin • United Real Estate Properties
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #677686406
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