441 North StVernoniaOR97064
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
Investment Highlights
Rental property for sale in Vernonia at 441 North St, Vernonia, OR, 97064 offers $2,396/mo rent that, after a $1,562/mo payment, leaves $470/mo cash flow. Total monthly income is $2,396/mo, and annual cash flow is $5,635/yr on $105,815 cash. Return on cash invested measures 25.23% in year one, and rental yield stands at 9.01% at a $319,200 entry. Equity gained on principal adds $2,060/yr while 5% annual appreciation compounds into $88,189 by year five. Five-year ROI records 131.2% and total cumulative return in cash reaches $138,832. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,396/mo property income versus a $1,562/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1924
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97064, Vernonia, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,613 (100%) |
| Owner Occupied HU | 1,259 (78.1%) |
| Renter Occupied HU | 260 (16.1%) |
| Vacant Housing Units | 94 ( 5.8%) |
| Median Home Value | $429,661 |
| Average Home Value | $460,725 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,465
Multi-Family
3
Businesses
108
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