629 15th StValeOR97918
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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 Vale at 629 15th St, Vale, OR, 97918 offers a 7.25% rental yield on a $235,000 purchase with $1,420/mo rent. Total monthly income registers $1,420/mo, and a $1,150/mo payment leaves $2/mo available for distribution. Annual cash flow reaches $21/yr on $77,903 to close, and return on cash invested stands at 19.94% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 102.78% and total cumulative return in cash at $80,068. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,420/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97918, Vale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,138 (63.8%) |
| Renter Occupied HU | 477 (26.7%) |
| Vacant Housing Units | 169 ( 9.5%) |
| Median Home Value | $342,986 |
| Average Home Value | $531,397 |
Housing Distribution
Address Breakdown
Residential
1,697
Single Family
1,669
Multi-Family
28
Businesses
160
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