647 7th AveSweet HomeOR97386
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 Sweet Home at 647 7th Ave, Sweet Home, OR, 97386 offers $2,251/mo rent that, after a $1,248/mo payment, leaves $674/mo cash flow. Total monthly income is $2,251/mo, and annual cash flow is $8,083/yr on $84,533 cash. Return on cash invested measures 29.47% in year one, and rental yield stands at 10.59% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 154.13% and total cumulative return in cash reaches $130,292. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,251/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97386, Sweet Home, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,089 (100%) |
| Owner Occupied HU | 4,305 (70.7%) |
| Renter Occupied HU | 1,498 (24.6%) |
| Vacant Housing Units | 286 ( 4.7%) |
| Median Home Value | $386,967 |
| Average Home Value | $416,924 |
Housing Distribution
Address Breakdown
Residential
5,817
Single Family
5,768
Multi-Family
49
Businesses
345
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Nearby investment properties with comparable prices
Listed by: EMILY LONG • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #828687
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.