41710 NW Oak WayBanksOR97106
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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 Banks at 41710 NW Oak Way, Banks, OR, 97106 generates $3,594/mo in rent and, after a $2,563/mo payment, leaves $433/mo in cash flow. Total monthly income is $3,594/mo, and annual cash flow is $5,197/yr on $172,296 invested. Return on cash invested sits at 23.08% in year one, and rental yield is 8.24% on a $523,695 entry. Equity gained on principal adds $3,379/yr, while 5% annual appreciation builds toward $144,687 over five years. Five-year ROI reaches 119.62% and total cumulative return in cash sums $206,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,594/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97106, Banks, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,436 (81.9%) |
| Renter Occupied HU | 257 (14.7%) |
| Vacant Housing Units | 61 ( 3.5%) |
| Median Home Value | $723,183 |
| Average Home Value | $796,805 |
Housing Distribution
Address Breakdown
Residential
1,633
Single Family
1,632
Multi-Family
1
Businesses
201
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