51459 SE Westlake Dr #102ScappooseOR97056
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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
Investment property for sale in Scappoose at 51459 SE Westlake Dr #102, Scappoose, OR, 97056 uses $91,163 cash to close to unlock $11,760/yr annual cash flow and $980/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,346/mo payment keeps the spread at $980/mo. Purchase price stands at $275,000, and rental yield measures 11.52% with $2,640/mo rent. Return on cash invested shows 32.81% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 171.86% and total cumulative return in cash records $156,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97056, Scappoose, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,504 (100%) |
| Owner Occupied HU | 4,082 (74.2%) |
| Renter Occupied HU | 1,235 (22.4%) |
| Vacant Housing Units | 187 ( 3.4%) |
| Median Home Value | $474,775 |
| Average Home Value | $519,509 |
Housing Distribution
Address Breakdown
Residential
5,111
Single Family
5,043
Multi-Family
68
Businesses
359
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