705 E Sherman StLebanonOR97355
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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 Lebanon at 705 E Sherman St, Lebanon, OR, 97355 priced at $360,000 converts $2,034/mo rent into after a $1,762/mo obligation. Total monthly income equals $2,034/mo. Return on cash invested prints 18.51% in year one, and rental yield reads 6.78% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 95.13% and total cumulative return in cash sums $113,529. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1969
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97355, Lebanon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,613 (100%) |
| Owner Occupied HU | 8,894 (65.3%) |
| Renter Occupied HU | 4,185 (30.7%) |
| Vacant Housing Units | 534 ( 3.9%) |
| Median Home Value | $454,644 |
| Average Home Value | $513,412 |
Housing Distribution
Address Breakdown
Residential
13,188
Single Family
12,483
Multi-Family
705
Businesses
725
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