760 Jerome AveAstoriaOR97103
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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 Astoria at 760 Jerome Ave, Astoria, OR, 97103 with 5% annual appreciation on a $416,000 basis while $3,116/mo rent supports operations. Total monthly income totals $3,116/mo and a $2,036/mo payment preserves $605/mo for cash returns. Annual cash flow comes to $7,261/yr on $137,904 deployed, and return on cash invested reaches 25.17% in year one. Equity gained on principal adds $2,684/yr, and five-year appreciation sums $114,933 alongside rental yield of 8.99%. Five-year ROI measures 130.91% and total cumulative return in cash totals $180,527.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,116/mo property income versus a $2,036/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97103, Astoria, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,624 (100%) |
| Owner Occupied HU | 4,858 (56.3%) |
| Renter Occupied HU | 3,089 (35.8%) |
| Vacant Housing Units | 677 ( 7.9%) |
| Median Home Value | $477,858 |
| Average Home Value | $528,653 |
Housing Distribution
Address Breakdown
Residential
7,937
Single Family
7,199
Multi-Family
738
Businesses
954
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