761 Hyacinth StIndependenceOR97351
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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 Independence at 761 Hyacinth St, Independence, OR, 97351 uses $117,649 cash to close to unlock $4,270/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $2,498/mo, and a $1,737/mo payment keeps the spread at $356/mo. Purchase price stands at $354,900, and rental yield measures 8.45% with $2,498/mo rent. Return on cash invested shows 23.54% in year one, and 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 122.11% and total cumulative return in cash records $143,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $1,737/mo payment rather than investor’s personal income.
Single Family
Built in 1998
5,994 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97351, Independence, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,369 (100%) |
| Owner Occupied HU | 2,647 (60.6%) |
| Renter Occupied HU | 1,605 (36.7%) |
| Vacant Housing Units | 117 ( 2.7%) |
| Median Home Value | $427,687 |
| Average Home Value | $490,376 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
4,110
Multi-Family
161
Businesses
323
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Listed by: VANESSA QUEVEDO - CORIA • Exp Realty, Llc
Mls Name: WVMLS
Mls ID: #834812