541 Lake Shore DrSelmaOR97538
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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 Selma at 541 Lake Shore Dr, Selma, OR, 97538 priced at $145,000 pairs $1,126/mo rent with $250/mo cash flow after a $710/mo payment. Total monthly income equals $1,126/mo, and annual cash flow comes to $3,006/yr on $48,068 invested. Return on cash invested is 26.16% in year one, and rental yield stands at 9.32% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 136.2% and total cumulative return in cash reaches $65,468. For financing, Ziffy Mortgage’s DSCR program evaluates $1,126/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1986
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97538, Selma, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 615 (66.3%) |
| Renter Occupied HU | 143 (15.4%) |
| Vacant Housing Units | 169 (18.2%) |
| Median Home Value | $535,480 |
| Average Home Value | $621,528 |
Housing Distribution
Address Breakdown
Residential
582
Single Family
580
Multi-Family
2
Businesses
44
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