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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Otis at 385 N Deer Dr, Otis, OR, 97368 offers $2,490/mo rent that, after a $4,403/mo payment. Total monthly income is $2,490/mo. Return on cash invested measures 8.14% in year one, and rental yield stands at 3.32% at a $899,500 entry. Equity gained on principal adds $5,804/yr while 5% annual appreciation compounds into $248,515 by year five. Five-year ROI records 39.5% and total cumulative return in cash reaches $116,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,490/mo property income versus a $4,403/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
2.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97368, Otis, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,216 (65.3%) |
| Renter Occupied HU | 286 (15.4%) |
| Vacant Housing Units | 360 (19.3%) |
| Median Home Value | $381,203 |
| Average Home Value | $406,891 |
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dennis M Regen • Taylor & Taylor Realty Company
Mls Name: OCMLS
Mls ID: #25-1936
