484 Scotts Glen DrSpringfieldOR97477
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
Investment property for sale in Springfield at 484 Scotts Glen Dr, Springfield, OR, 97477 earns $244/mo cash flow from $1,149/mo rent with a $734/mo payment. Total monthly income totals $1,149/mo, and annual cash flow totals $2,925/yr on $49,725 capital. ROI tracks 25.79% on current figures, and rental yield reads 9.19% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 134.21% and total cumulative return in cash sums $66,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,149/mo property income instead of your personal income.
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97477, Springfield, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,816 (100%) |
| Owner Occupied HU | 8,482 (50.4%) |
| Renter Occupied HU | 7,726 (45.9%) |
| Vacant Housing Units | 608 ( 3.6%) |
| Median Home Value | $406,808 |
| Average Home Value | $440,412 |
Housing Distribution
Address Breakdown
Residential
16,256
Single Family
14,766
Multi-Family
1,490
Businesses
1,346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Ferrell • Triple Oaks Realty LLC
Mls Name: RMLS (OR)
Mls ID: #584473031