67590 Meissner 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
Rental property for sale in Deer Island at 67590 Meissner Rd, Deer Island, OR, 97054 generates $2,040/mo in rent, after a $3,916/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 7.34% in year one, and rental yield is 3.06% on a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 35.22% and total cumulative return in cash sums $92,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Manufactured
Built in 2017
39.61 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: Dennis O'Brien • RE/MAX Powerpros
Mls Name: RMLS (OR)
Mls ID: #403032242