608 Park Way EOregonOH43616
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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
Investment property for sale in Oregon at 608 Park Way E, Oregon, OH, 43616 uses $137,573 cash to close to unlock $5,249/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $3,167/mo, and a $2,031/mo payment keeps the spread at $437/mo. Purchase price stands at $415,000, and rental yield measures 9.16% with $3,167/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 123.83% and total cumulative return in cash records $170,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,167/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43616, Oregon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,138 (100%) |
| Owner Occupied HU | 6,282 (68.7%) |
| Renter Occupied HU | 2,331 (25.5%) |
| Vacant Housing Units | 525 ( 5.7%) |
| Median Home Value | $221,729 |
| Average Home Value | $253,184 |
Housing Distribution
Address Breakdown
Residential
9,068
Single Family
7,759
Multi-Family
1,309
Businesses
615
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