








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Independence at 769 Morning Glory Dr, Independence, OR, 97351 with 5% annual appreciation on a $449,000 basis while $3,066/mo rent supports operations. Total monthly income totals $3,066/mo and a $2,198/mo payment preserves $355/mo for cash returns. Annual cash flow comes to $4,265/yr on $148,844 deployed, and return on cash invested reaches 22.77% in year one. Equity gained on principal adds $2,897/yr, and five-year appreciation sums $124,050 alongside rental yield of 8.19%. Five-year ROI measures 118.01% and total cumulative return in cash totals $175,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,066/mo property income versus a $2,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97351, Independence, OR area.
| 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 |
Residential
4,271
Single Family
4,110
Multi-Family
161
Businesses
323
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: LAURA GILLOTT • Keller Williams Realty Mid-Willamette - Gillott Team
Mls Name: WVMLS
Mls ID: #834715