








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Drain at 405 S Cedar St, Drain, OR, 97435 earns $82/mo cash flow from $1,500/mo rent with a $1,150/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $981/yr on $77,903 capital. ROI tracks 21.17% on current figures, and rental yield reads 7.66% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 109.39% and total cumulative return in cash sums $85,216. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1935
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97435, Drain, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,081 (100%) |
| Owner Occupied HU | 729 (67.4%) |
| Renter Occupied HU | 234 (21.6%) |
| Vacant Housing Units | 118 (10.9%) |
| Median Home Value | $534,434 |
| Average Home Value | $571,409 |
Residential
370
Single Family
370
Multi-Family
0
Businesses
63
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $235,000 |
| 2025-04-01 | Pending sale | $235,000 |
| 2025-02-10 | Price change | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-15 | $1030.61 | 3.01% | $86,646 | 3.00% |
| 2022-04-15 | $1000.48 | 2.86% | $84,123 | 3.00% |
| 2021-04-15 | $972.70 | 3.09% | $81,673 | 3.00% |



Listed by: Pearl Hergert Heaton • eXp Realty, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24432896
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 2025-04-15 11:15:37 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.