403 NE 6th StOaklandOR97462
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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
Rental property for sale in Oakland at 403 NE 6th St, Oakland, OR, 97462 generates $820/mo in rent and, after a $513/mo payment, leaves $187/mo in cash flow. Total monthly income is $820/mo, and annual cash flow is $2,247/yr on $34,770 invested. Return on cash invested sits at 26.37% in year one, and rental yield is 9.38% on a $104,888 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation builds toward $28,979 over five years. Five-year ROI reaches 137.4% and total cumulative return in cash sums $47,775. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $820/mo property income rather than buyer’s personal income.
Manufactured
Built in 1978
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97462, Oakland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,020 (100%) |
| Owner Occupied HU | 1,462 (72.4%) |
| Renter Occupied HU | 338 (16.7%) |
| Vacant Housing Units | 220 (10.9%) |
| Median Home Value | $500,818 |
| Average Home Value | $522,541 |
Housing Distribution
Address Breakdown
Residential
1,334
Single Family
1,334
Multi-Family
0
Businesses
74
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Listed by: Mark Dale • Urban Pacific Real Estate
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #780265753
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-06-30 11:51:24 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.