42789 McKenzie HwyWaltervilleOR97489
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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 Walterville at 42789 McKenzie Hwy, Walterville, OR, 97489 generates $1,575/mo in rent and, after a $1,101/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,575/mo, and annual cash flow is $2,605/yr on $74,588 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 8.4% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 121.42% and total cumulative return in cash sums $90,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,575/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97489, Walterville, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 495 (100%) |
| Owner Occupied HU | 333 (67.3%) |
| Renter Occupied HU | 81 (16.4%) |
| Vacant Housing Units | 81 (16.4%) |
| Median Home Value | $607,673 |
| Average Home Value | $720,646 |
Housing Distribution
Address Breakdown
Residential
359
Single Family
353
Multi-Family
6
Businesses
44
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Listed by: Lori Durling • Keller Williams Realty Eugene and Springfield
Mls Name: RMLS (OR)
Mls ID: #432582964