630 NE Alder StToledoOR97391
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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
Rental property for sale in Toledo at 630 NE Alder St, Toledo, OR, 97391 offers $3,104/mo rent that, after a $2,162/mo payment, leaves $438/mo cash flow. Total monthly income is $3,104/mo, and annual cash flow is $5,253/yr on $146,424 cash. Return on cash invested measures 23.5% in year one, and rental yield stands at 8.43% at a $441,700 entry. Equity gained on principal adds $2,850/yr while 5% annual appreciation compounds into $122,034 by year five. Five-year ROI records 121.88% and total cumulative return in cash reaches $178,456. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,104/mo property income versus a $2,162/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97391, Toledo, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,446 (100%) |
| Owner Occupied HU | 1,607 (65.7%) |
| Renter Occupied HU | 642 (26.2%) |
| Vacant Housing Units | 197 ( 8.1%) |
| Median Home Value | $449,501 |
| Average Home Value | $609,482 |
Housing Distribution
Address Breakdown
Residential
2,115
Single Family
2,112
Multi-Family
3
Businesses
202
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