6310 N Highway 101 UNIT 16OtisOR97368
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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 Otis at 6310 N Highway 101 UNIT 16, Otis, OR, 97368 listed at $159,900 pairs $1,277/mo rent with a $783/mo payment to leave $311/mo cash flow. Total monthly income runs $1,277/mo, and annual cash flow reaches $3,737/yr on $53,007 cash to close. Return on cash invested measures 26.96% in year one, and rental yield registers 9.58% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 140.51% and total cumulative return in cash totals $74,478. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,277/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97368, Otis, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,216 (65.3%) |
| Renter Occupied HU | 286 (15.4%) |
| Vacant Housing Units | 360 (19.3%) |
| Median Home Value | $381,203 |
| Average Home Value | $406,891 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
28
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