40267 Gates School RdGatesOR97346
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 40267 Gates School Rd, Gates, OR, 97346 in Gates, $350,000, 7.83% gross yield, $170/mo net income. Consider it a market-entry position, the $2,282/mo rent covers the $1,574/mo payment with a margin, and 5%/yr appreciation is projected to add $96,699 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.45) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $143,407.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $170 | $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 | $2,282 |
| Total Monthly Debt Service | $1,973 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1900
3.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97346, Gates, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 269 (56.3%) |
| Renter Occupied HU | 72 (15.1%) |
| Vacant Housing Units | 137 (28.7%) |
| Median Home Value | $398,611 |
| Average Home Value | $487,835 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
13
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 1900
3.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97346, Gates, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 269 (56.3%) |
| Renter Occupied HU | 72 (15.1%) |
| Vacant Housing Units | 137 (28.7%) |
| Median Home Value | $398,611 |
| Average Home Value | $487,835 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ASHLEY DIANE WINGETT • Keller Williams Capital City
Mls Name: WVMLS
Mls Provider:
Mls ID: #830710
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.