620 SE 2nd Ave UNIT 75CanbyOR97013
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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 Canby at 620 SE 2nd Ave UNIT 75, Canby, OR, 97013 listed at $164,500 pairs $1,284/mo rent with a $805/mo payment to leave $291/mo cash flow. Total monthly income runs $1,284/mo, and annual cash flow reaches $3,494/yr on $54,532 cash to close. Return on cash invested measures 26.32% in year one, and rental yield registers 9.37% at a $164,500 basis. Equity gained on principal adds $1,061/yr, and annual property appreciation at 5% supports $45,448 by year five. Five-year ROI tracks 137.07% and total cumulative return in cash totals $74,746. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,284/mo property income relative to a $805/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2019
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97013, Canby, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,696 (100%) |
| Owner Occupied HU | 6,936 (71.5%) |
| Renter Occupied HU | 2,486 (25.6%) |
| Vacant Housing Units | 274 ( 2.8%) |
| Median Home Value | $597,733 |
| Average Home Value | $656,917 |
Housing Distribution
Address Breakdown
Residential
9,590
Single Family
9,178
Multi-Family
412
Businesses
856
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