413 3rd StGastonOR97119
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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
Investment property for sale in Gaston at 413 3rd St, Gaston, OR, 97119 uses $135,915 cash to close to unlock $599/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,525/mo, and a $2,007/mo payment keeps the spread at $50/mo. Purchase price stands at $410,000, and rental yield measures 7.39% with $2,525/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 104.99% and total cumulative return in cash records $142,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,525/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97119, Gaston, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,803 (100%) |
| Owner Occupied HU | 1,488 (82.5%) |
| Renter Occupied HU | 223 (12.4%) |
| Vacant Housing Units | 92 ( 5.1%) |
| Median Home Value | $804,348 |
| Average Home Value | $865,360 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,519
Multi-Family
1
Businesses
81
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