435 SE 2nd Ave, Canby, OR, 97013 | $31/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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435 SE 2nd Ave, Canby, OR, 97013 | $31/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Canby at 435 SE 2nd Ave, Canby, OR, 97013 listed at $409,000 pairs $2,500/mo rent with a $2,002/mo payment to leave $31/mo cash flow. Total monthly income runs $2,500/mo, and annual cash flow reaches $373/yr on $135,584 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 7.33% at a $409,000 basis. Equity gained on principal adds $2,639/yr, and annual property appreciation at 5% supports $112,999 by year five. Five-year ROI tracks 104.15% and total cumulative return in cash totals $141,213. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,500/mo property income relative to a $2,002/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1972

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this adorable single-level ranch home featuring 3 spacious bedrooms and 1 beautifully updated bathroom. Meticulously renovated from top to bottom, this home offers brand new flooring throughout, fresh interior paint, updated trim and doors (inside and out), stylish new light fixtures, and thoughtful details at every turn. Enjoy peace of mind with a new roof installed in Oct 2024, and stay comfortable year-round with Central heat and AC. The kitchen is fully equipped, and all appliancesincluding the refrigerator, washer, and dryer are included! Step outside to a private, fully fenced backyard complete with a brand new 6-foot wood fence, a covered patio perfect for entertaining, and a large Tuff Shed for extra storage. This home is perfect for exploring all Canby and the surrounding area have to offer: the river, Canby Ferry, Historic Downtown Canby, shops, groceries, restaurants, and parks. Enjoy the fairs, rodeos, and concerts at the Clackamas County Fairgrounds this summer! This move-in ready gem wont last longdont miss your chance to call it home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97013, Canby, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,696 (100%)
Owner Occupied HU	6,936 (71.5%)
Renter Occupied HU	2,486 (25.6%)
Vacant Housing Units	274 ( 2.8%)
Median Home Value	$597,733
Average Home Value	$656,917