51500 SE Westlake DrScappooseOR97056
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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 51500 SE Westlake Dr, Scappoose, OR, 97056 offers a 10.92% rental yield on a $290,000 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,419/mo payment leaves $890/mo available for distribution. Annual cash flow reaches $10,679/yr on $96,135 to close, and return on cash invested stands at 31.02% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 162.19% and total cumulative return in cash at $155,920. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
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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