585 Elm AveGervaisOR97026
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
Rental property for sale in Gervais at 585 Elm Ave, Gervais, OR, 97026 generates $2,494/mo in rent, after a $2,349/mo payment. Total monthly income is $2,494/mo. Return on cash invested sits at 16.87% in year one, and rental yield is 6.24% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 86.37% and total cumulative return in cash sums $137,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,494/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97026, Gervais, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,175 (100%) |
| Owner Occupied HU | 873 (74.3%) |
| Renter Occupied HU | 245 (20.9%) |
| Vacant Housing Units | 57 ( 4.9%) |
| Median Home Value | $543,359 |
| Average Home Value | $655,100 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VASSA BODUNOV • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #819906
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.