629 S I StLakeviewOR97630
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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 Lakeview at 629 S I St, Lakeview, OR, 97630 with 5% annual appreciation on a $249,900 basis while $1,300/mo rent supports operations. 89% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 6.24%. Five-year ROI measures 86.48% and total cumulative return in cash totals $71,642. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,300/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97630, Lakeview, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 1,505 (60.5%) |
| Renter Occupied HU | 677 (27.2%) |
| Vacant Housing Units | 307 (12.3%) |
| Median Home Value | $226,628 |
| Average Home Value | $273,053 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,269
Multi-Family
34
Businesses
332
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