604 Goucher StAmityOR97101
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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 Amity at 604 Goucher St, Amity, OR, 97101 priced at $424,500 converts $2,874/mo rent into $311/mo cash flow after a $2,078/mo obligation. Total monthly income equals $2,874/mo, and annual cash flow totals $3,736/yr on $140,722 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 8.12% against a $424,500 entry. Equity gained on principal adds $2,739/yr, while 5% annual appreciation compiles into $117,282 by year five. Five-year ROI reaches 116.9% and total cumulative return in cash sums $164,500. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $2,078/mo payment, not borrower’s personal income.
Single Family
Built in 1972
9,147 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97101, Amity, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,081 (73.6%) |
| Renter Occupied HU | 303 (20.6%) |
| Vacant Housing Units | 85 ( 5.8%) |
| Median Home Value | $661,885 |
| Average Home Value | $714,461 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,023
Multi-Family
2
Businesses
66
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-12 | Price change | $424,500 |
| 2024-09-23 | Price change | $429,500 |
| 2024-08-25 | Price change | $439,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2430.43 | 1.73% | $140,978 | 3.00% |
| 2022-10-15 | $2389.11 | 13.81% | $136,872 | 3.00% |
| 2021-10-15 | $2099.21 | 2.85% | $132,885 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1972
- Architectural Style: N/A
- Building Area: 1,254
- Living Area: 1,254 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Wood Stove
- Cooling: N/A
- Flooring: Laminate, Vinyl
- Interior Features: Granite
- Exterior Features: Fire Pit
- Parking Features: Driveway
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Amity
- Middle School: Amity
- High School: Amity
Listed by: Kristina Hart • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24446436
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 05:49:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.