6696 Little Rd SETurnerOR97392
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
Investment property for sale in Turner at 6696 Little Rd SE, Turner, OR, 97392 listed at $255,000 pairs $2,174/mo rent with a $1,248/mo payment to leave $635/mo cash flow. Total monthly income runs $2,174/mo, and annual cash flow reaches $7,618/yr on $84,533 cash to close. Return on cash invested measures 28.92% in year one, and rental yield registers 10.23% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 150.97% and total cumulative return in cash totals $127,616. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,174/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97392, Turner, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 2,004 (79.3%) |
| Renter Occupied HU | 439 (17.4%) |
| Vacant Housing Units | 85 ( 3.4%) |
| Median Home Value | $635,301 |
| Average Home Value | $679,669 |
Housing Distribution
Address Breakdown
Residential
2,256
Single Family
2,256
Multi-Family
0
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SABRINA CARSON • Redfin
Mls Name: WVMLS
Mls Provider:
Mls ID: #832239
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.