5038 Penny LnTurnerOR97392
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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 Turner at 5038 Penny Ln, Turner, OR, 97392 generates $2,851/mo in rent and, after a $2,276/mo payment, leaves $44/mo in cash flow. Total monthly income is $2,851/mo, and annual cash flow is $529/yr on $154,148 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 7.36% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 104.51% and total cumulative return in cash sums $161,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,851/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97392, Turner, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 2,004 (79.3%) |
| Renter Occupied HU | 439 (17.4%) |
| Vacant Housing Units | 85 ( 3.4%) |
| Median Home Value | $635,301 |
| Average Home Value | $679,669 |
Housing Distribution
Address Breakdown
Residential
2,256
Single Family
2,256
Multi-Family
0
Businesses
121
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