676 58th StSpringfieldOR97478
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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 Springfield at 676 58th St, Springfield, OR, 97478 earns $505/mo cash flow from $2,874/mo rent with a $1,921/mo payment. Total monthly income totals $2,874/mo, and annual cash flow totals $6,059/yr on $130,114 capital. ROI tracks 24.57% on current figures, and rental yield reads 8.79% at a $392,500 purchase. Equity gained on principal adds $2,533/yr, and 5% annual appreciation supports $108,441 over five years. Five-year ROI reaches 127.61% and total cumulative return in cash sums $166,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,874/mo property income instead of your personal income.
Single Family
Built in 2004
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97478, Springfield, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 10,304 (66.8%) |
| Renter Occupied HU | 4,596 (29.8%) |
| Vacant Housing Units | 529 ( 3.4%) |
| Median Home Value | $467,133 |
| Average Home Value | $522,825 |
Housing Distribution
Address Breakdown
Residential
15,037
Single Family
14,943
Multi-Family
94
Businesses
461
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Listed by: David Smid • RE/MAX Integrity
Mls Name: RMLS (OR)
Mls ID: #536207930