511 E Elwood StStaytonOR97383
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 Stayton at 511 E Elwood St, Stayton, OR, 97383 offers a 9.02% rental yield on a $329,000 purchase with $2,474/mo rent. Total monthly income registers $2,474/mo, and a $1,610/mo payment leaves $488/mo available for distribution. Annual cash flow reaches $5,861/yr on $109,064 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 131.48% and total cumulative return in cash at $143,397. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,474/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
5,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97383, Stayton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,079 (100%) |
| Owner Occupied HU | 2,607 (63.9%) |
| Renter Occupied HU | 1,285 (31.5%) |
| Vacant Housing Units | 187 ( 4.6%) |
| Median Home Value | $523,827 |
| Average Home Value | $557,380 |
Housing Distribution
Address Breakdown
Residential
3,835
Single Family
3,649
Multi-Family
186
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices