413 Goodreau LnGlideOR97443
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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 Glide at 413 Goodreau Ln, Glide, OR, 97443 offers $954/mo rent that, after a $820/mo payment. Total monthly income is $954/mo. Return on cash invested measures 18.67% in year one, and rental yield stands at 6.83% at a $167,500 entry. Equity gained on principal adds $1,081/yr while 5% annual appreciation compounds into $46,277 by year five. Five-year ROI records 96.03% and total cumulative return in cash reaches $53,320. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $954/mo property income versus a $820/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97443, Glide, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 636 (69.1%) |
| Renter Occupied HU | 170 (18.5%) |
| Vacant Housing Units | 115 (12.5%) |
| Median Home Value | $462,722 |
| Average Home Value | $509,096 |
Housing Distribution
Address Breakdown
Residential
536
Single Family
534
Multi-Family
2
Businesses
89
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