64468 2nd StDeer IslandOR97054
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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 Deer Island at 64468 2nd St, Deer Island, OR, 97054 earns $1,282/mo cash flow from $2,006/mo rent with a $587/mo payment. Total monthly income totals $2,006/mo, and annual cash flow totals $15,385/yr on $39,747 capital. ROI tracks 58.62% on current figures, and rental yield reads 20.08% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 310.33% and total cumulative return in cash sums $123,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,006/mo property income instead of your personal income.
Single Family
Built in 1925
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97054, Deer Island, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 526 (79.7%) |
| Renter Occupied HU | 83 (12.6%) |
| Vacant Housing Units | 51 ( 7.7%) |
| Median Home Value | $473,529 |
| Average Home Value | $489,335 |
Housing Distribution
Address Breakdown
Residential
611
Single Family
610
Multi-Family
1
Businesses
7
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Listed by: Jamie Girvin • Coldwell Banker Bain
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24087010
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 2024-10-14 08:49:12 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.