66502 Doetsch RdDeer 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 66502 Doetsch Rd, Deer Island, OR, 97054 offers a 2.88% rental yield on a $849,999 purchase with $2,040/mo rent. 8% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 32.3% and total cumulative return in cash at $90,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
100 Acres 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: Karen Erlandson • John L. Scott
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #23216290
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.