421 Harris LnOregon CityOR97045
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 421 Harris Ln, Oregon City, OR, 97045 in Oregon City. Rental yield 7.8%. The 1.45 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $116,038 and $3,868/yr in principal reduction project total return of $171,517.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.5% |
| Monthly Cash Flow | $(149) | $1,850 |
City averages based on Oregon City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,730 |
| Total Monthly Debt Service | $2,368 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97045, Oregon City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,516 (100%) |
| Owner Occupied HU | 16,338 (72.6%) |
| Renter Occupied HU | 5,494 (24.4%) |
| Vacant Housing Units | 684 ( 3.0%) |
| Median Home Value | $633,468 |
| Average Home Value | $683,024 |
Housing Distribution
Address Breakdown
Residential
22,063
Single Family
20,995
Multi-Family
1,068
Businesses
1,663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97045, Oregon City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,516 (100%) |
| Owner Occupied HU | 16,338 (72.6%) |
| Renter Occupied HU | 5,494 (24.4%) |
| Vacant Housing Units | 684 ( 3.0%) |
| Median Home Value | $633,468 |
| Average Home Value | $683,024 |
Housing Distribution
Address Breakdown
Residential
22,063
Single Family
20,995
Multi-Family
1,068
Businesses
1,663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aimee Davis • Firefly Real Estate
Mls Name: RMLS (OR)
Mls ID: #746352584