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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sublimity at 429 SE Palomino Ct, Sublimity, OR, 97385 priced at $850,000 pairs $2,848/mo rent with after a $4,160/mo payment. Total monthly income equals $2,848/mo. Return on cash invested is 10.27% in year one, and rental yield stands at 4.02% on a $850,000 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. Five-year ROI measures 50.9% and total cumulative return in cash reaches $142,342. For financing, Ziffy Mortgage’s DSCR program evaluates $2,848/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2019
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97385, Sublimity, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 1,082 (74.8%) |
| Renter Occupied HU | 331 (22.9%) |
| Vacant Housing Units | 33 ( 2.3%) |
| Median Home Value | $524,709 |
| Average Home Value | $548,688 |
Residential
1,331
Single Family
1,330
Multi-Family
1
Businesses
107
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Listed for sale | $850,000 |
| 2025-05-29 | Listing removed | $2,350 |
| 2025-04-16 | Listed for rent | $2,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-27 | $4360.66 | 4.11% | $332,010 | N/A |
| 2022-06-27 | $4188.36 | 2.83% | $332,010 | 3.00% |
| 2021-06-27 | $4072.94 | 2.94% | $322,340 | 430.08% |
Listed by: MIKE PALUSKA • Paluska Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #830632
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
