425 SE Red Elder DrCorbettOR97019
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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 Corbett at 425 SE Red Elder Dr, Corbett, OR, 97019 earns $852/mo cash flow from $3,840/mo rent with a $2,423/mo payment. Total monthly income totals $3,840/mo, and annual cash flow totals $10,222/yr on $164,093 capital. ROI tracks 26.14% on current figures, and rental yield reads 9.31% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 136.03% and total cumulative return in cash sums $223,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Single Family
Built in 1991
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97019, Corbett, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 915 (78.0%) |
| Renter Occupied HU | 182 (15.5%) |
| Vacant Housing Units | 76 ( 6.5%) |
| Median Home Value | $694,042 |
| Average Home Value | $757,249 |
Housing Distribution
Address Breakdown
Residential
971
Single Family
968
Multi-Family
3
Businesses
111
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