662 NE 8th PlToledoOR97391
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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 Toledo at 662 NE 8th Pl, Toledo, OR, 97391 offers a 9.1% rental yield on a $199,000 purchase with $1,509/mo rent. Total monthly income registers $1,509/mo, and a $974/mo payment leaves $308/mo available for distribution. Annual cash flow reaches $3,694/yr on $65,969 to close, and return on cash invested stands at 25.51% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 132.67% and total cumulative return in cash at $87,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,509/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
4,791 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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