541 Lake Shore DrSelmaOR97538
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 541 Lake Shore Dr, Selma, OR, 97538 in Selma is straightforward: $145,000 in, $1,126/mo in rent, $251/mo out after debt service. The 9.32% gross yield and 1.73 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $40,061 by year five. With $1,335/yr in principal equity, the total cumulative return is projected at $71,038.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $251 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,126 |
| Total Monthly Debt Service | $818 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices