615 S 9th StSaint HelensOR97051
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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 Saint Helens at 615 S 9th St, Saint Helens, OR, 97051 uses $104,423 cash to close to unlock $4,876/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,308/mo, and a $1,542/mo payment keeps the spread at $406/mo. Purchase price stands at $315,000, and rental yield measures 8.79% with $2,308/mo rent. Return on cash invested shows 24.58% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 127.7% and total cumulative return in cash records $133,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,308/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97051, Saint Helens, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,420 (100%) |
| Owner Occupied HU | 4,784 (64.5%) |
| Renter Occupied HU | 2,239 (30.2%) |
| Vacant Housing Units | 397 ( 5.4%) |
| Median Home Value | $413,790 |
| Average Home Value | $446,977 |
Housing Distribution
Address Breakdown
Residential
6,707
Single Family
6,553
Multi-Family
154
Businesses
533
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Listed by: Lea Chitwood • RE/MAX Powerpros
Mls Name: RMLS (OR)
Mls ID: #799244013