490 Conifer WayAshlandOR97520
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 Ashland at 490 Conifer Way, Ashland, OR, 97520 priced at $585,000 converts $3,600/mo rent into $69/mo cash flow after a $2,863/mo obligation. Total monthly income equals $3,600/mo, and annual cash flow totals $829/yr on $192,465 invested. Return on cash invested prints 20.49% in year one, and rental yield reads 7.38% against a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation compiles into $161,625 by year five. Five-year ROI reaches 105.74% and total cumulative return in cash sums $203,514. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 2014
5.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97520, Ashland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,542 (100%) |
| Owner Occupied HU | 7,337 (54.2%) |
| Renter Occupied HU | 4,791 (35.4%) |
| Vacant Housing Units | 1,414 (10.4%) |
| Median Home Value | $645,833 |
| Average Home Value | $690,573 |
Housing Distribution
Address Breakdown
Residential
12,484
Single Family
11,256
Multi-Family
1,228
Businesses
1,426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices