56734 Way LnWarrenOR97053
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 Warren at 56734 Way Ln, Warren, OR, 97053 offers a 8.1% rental yield on a $310,000 purchase with $2,093/mo rent. Total monthly income registers $2,093/mo, and a $1,517/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,665/yr on $102,765 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 116.59% and total cumulative return in cash at $119,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,093/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1977
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97053, Warren, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,228 (100%) |
| Owner Occupied HU | 1,062 (86.5%) |
| Renter Occupied HU | 131 (10.7%) |
| Vacant Housing Units | 35 ( 2.9%) |
| Median Home Value | $575,382 |
| Average Home Value | $578,194 |
Housing Distribution
Address Breakdown
Residential
1,341
Single Family
1,341
Multi-Family
0
Businesses
21
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Listed by: CECE MOSHER • Oak Hill Properties
Mls Name: WVMLS
Mls Provider:
Mls ID: #820290
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.