584 NE Cherry StSublimityOR97385
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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
Rental property for sale in Sublimity at 584 NE Cherry St, Sublimity, OR, 97385 generates $3,736/mo in rent, after a $3,230/mo payment. Total monthly income is $3,736/mo. Return on cash invested sits at 18.69% in year one, and rental yield is 6.79% on a $659,900 entry. Equity gained on principal adds $4,258/yr, while 5% annual appreciation builds toward $182,318 over five years. Five-year ROI reaches 96.09% and total cumulative return in cash sums $208,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,736/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97385, Sublimity, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 1,082 (74.8%) |
| Renter Occupied HU | 331 (22.9%) |
| Vacant Housing Units | 33 ( 2.3%) |
| Median Home Value | $524,709 |
| Average Home Value | $548,688 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,330
Multi-Family
1
Businesses
107
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