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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Otis at 669 N Boulder Creek Dr, Otis, OR, 97368 with 5% annual appreciation on a $430,000 basis while $1,800/mo rent supports operations. 21% in year one. Equity gained on principal adds $2,775/yr, and five-year appreciation sums $118,801 alongside rental yield of 5.02%. Five-year ROI measures 66.74% and total cumulative return in cash totals $95,139. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $2,105/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1996
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97368, Otis, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,216 (65.3%) |
| Renter Occupied HU | 286 (15.4%) |
| Vacant Housing Units | 360 (19.3%) |
| Median Home Value | $381,203 |
| Average Home Value | $406,891 |
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stephanie Schriber • eXp Realty LLC
Mls Name: RMLS (OR)
Mls ID: #125255272
