5972 Mount Vernon RdSpringfieldOR97478
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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 Springfield at 5972 Mount Vernon Rd, Springfield, OR, 97478 generates $1,533/mo in rent and, after a $940/mo payment, leaves $374/mo in cash flow. Total monthly income is $1,533/mo, and annual cash flow is $4,486/yr on $63,648 invested. Return on cash invested sits at 26.96% in year one, and rental yield is 9.58% on a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 140.45% and total cumulative return in cash sums $89,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,533/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97478, Springfield, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 10,304 (66.8%) |
| Renter Occupied HU | 4,596 (29.8%) |
| Vacant Housing Units | 529 ( 3.4%) |
| Median Home Value | $467,133 |
| Average Home Value | $522,825 |
Housing Distribution
Address Breakdown
Residential
15,037
Single Family
14,943
Multi-Family
94
Businesses
461
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Listed by: Amy Jackson • Premiere Property Group LLC
Mls Name: RMLS (OR)
Mls ID: #149039896