630 Pickering LnWoodburnOR97071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Woodburn at 630 Pickering Ln, Woodburn, OR, 97071 priced at $386,400 pairs $3,000/mo rent with $628/mo cash flow after a $1,891/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $7,534/yr on $128,092 invested. Return on cash invested is 25.79% in year one, and rental yield stands at 9.32% on a $386,400 basis. Equity gained on principal adds $2,493/yr, and 5% annual appreciation accumulates to $106,755 by year five. Five-year ROI measures 134.32% and total cumulative return in cash reaches $172,050. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,832 (100%) |
| Owner Occupied HU | 7,016 (59.3%) |
| Renter Occupied HU | 3,962 (33.5%) |
| Vacant Housing Units | 854 ( 7.2%) |
| Median Home Value | $441,872 |
| Average Home Value | $501,221 |
Housing Distribution
Address Breakdown
Residential
10,645
Single Family
9,933
Multi-Family
712
Businesses
853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Leiner • Lennar Sales Corp
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24139499
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 04:19:48 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.