48419 High Leah DrOakridgeOR97463
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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 Oakridge at 48419 High Leah Dr, Oakridge, OR, 97463 generates $1,390/mo in rent and, after a $827/mo payment, leaves $370/mo in cash flow. Total monthly income is $1,390/mo, and annual cash flow is $4,441/yr on $56,024 invested. Return on cash invested sits at 27.84% in year one, and rental yield is 9.87% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 145.24% and total cumulative return in cash sums $81,367. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,390/mo property income rather than buyer’s personal income.
Manufactured
Built in 1973
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97463, Oakridge, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 1,205 (59.7%) |
| Renter Occupied HU | 576 (28.5%) |
| Vacant Housing Units | 237 (11.7%) |
| Median Home Value | $242,500 |
| Average Home Value | $308,647 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,400
Multi-Family
23
Businesses
121
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