60 Erickson Ave, Shady cove, OR, 97539 | 7.07% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,620/mo, and a $1,346/mo payment. Purchase price stands at $275,000, and rental yield measures 7.07% with $1,620/mo rent. Return on cash invested shows 19.38% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 99.87% and total cumulative return in cash records $91,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Manufactured

Built in 1996

0.32 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 97539, Shady Cove, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,750 (100%)
Owner Occupied HU	1,244 (71.1%)
Renter Occupied HU	358 (20.5%)
Vacant Housing Units	148 ( 8.5%)
Median Home Value	$426,639
Average Home Value	$398,175