637 NE 10th PlToledoOR97391
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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
Investment property for sale in Toledo at 637 NE 10th Pl, Toledo, OR, 97391 uses $85,859 cash to close to unlock $8,044/yr annual cash flow and $670/mo monthly cash flow. Total monthly income runs $2,234/mo, and a $1,268/mo payment keeps the spread at $670/mo. Purchase price stands at $259,000, and rental yield measures 10.35% with $2,234/mo rent. Return on cash invested shows 29.28% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 152.92% and total cumulative return in cash records $131,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,234/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1979
4,356 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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Listed by: COLLEEN BENSON • Keller Williams Capital City Benson Broker Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #828241
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.