68116 E Woodruff Way #462WelchesOR97067
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 Welches at 68116 E Woodruff Way #462, Welches, OR, 97067 listed at $379,900 pairs $3,599/mo rent with a $1,859/mo payment to leave $1,306/mo cash flow. Total monthly income runs $3,599/mo, and annual cash flow reaches $15,675/yr on $125,937 cash to close. Return on cash invested measures 32.36% in year one, and rental yield registers 11.37% at a $379,900 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,959 by year five. Five-year ROI tracks 169.4% and total cumulative return in cash totals $213,341. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,599/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97067, Welches, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 697 (56.7%) |
| Renter Occupied HU | 163 (13.3%) |
| Vacant Housing Units | 370 (30.1%) |
| Median Home Value | $592,161 |
| Average Home Value | $579,236 |
Housing Distribution
Address Breakdown
Residential
666
Single Family
666
Multi-Family
0
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices