38591 Gilkey RdScioOR97374
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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
Total monthly income runs $2,464/mo, and a $4,332/mo payment. Purchase price stands at $885,000, and rental yield measures 3.34% with $2,464/mo rent. Return on cash invested shows 8.2% in year one, and 5% annual appreciation builds toward $244,509 over five years. Five-year ROI reaches 39.8% and total cumulative return in cash records $115,878. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,464/mo property income covering a $4,332/mo payment rather than investor’s personal income.
Single Family
Built in 1930
24.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97374, Scio, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,731 (78.7%) |
| Renter Occupied HU | 377 (17.1%) |
| Vacant Housing Units | 92 ( 4.2%) |
| Median Home Value | $596,742 |
| Average Home Value | $625,797 |
Housing Distribution
Address Breakdown
Residential
1,717
Single Family
1,716
Multi-Family
1
Businesses
106
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