780 S Elm Ct, Canby, OR, 97013 | 6.64% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

780 S Elm Ct, Canby, OR, 97013 | 6.64% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1911 sft

7524 Shadowwood St NE, Keizer, OR, 97303

4 Bed
2 Bath
1798 sft

4714 Surveyor Ave NE, Salem, OR, 97305

4 Bed
2 Bath
1876 sft

3160 Kurt Dr NW, Salem, OR, 97304

3 Bed
2 Bath
1896 sft

959 Stonebridge Ave NE, Keizer, OR, 97303

Nearby investment properties with comparable prices

4 Bed
2 Bath
1815 sft

12602 Fry Rd NE, Aurora, OR, 97002

4 Bed
3 Bath
2354 sft

3787 10th St, Hubbard, OR, 97032

3 Bed
3 Bath
1908 sft

215 Ames Ct, Silverton, OR, 97381

2 Bed
1 Bath
1265 sft

21841 SE Grand Island Loop, Dayton, OR, 97114

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Canby at 780 S Elm Ct, Canby, OR, 97013 generates $3,316/mo in rent, after a $2,932/mo payment. Total monthly income is $3,316/mo. Return on cash invested sits at 18.23% in year one, and rental yield is 6.64% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 93.64% and total cumulative return in cash sums $184,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,316/mo property income rather than buyer’s personal income.

Single Family

Built in 1977

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautiful 3 bedroom, 2 bathroom remodeled/updated 1 level home offers open floor plan perfect for entertaining and everyday life. Higher end laminated flooring throughout main living area with carpet in all bedrooms. Custom kitchen with soft close doors/drawers, pantry, Quartz counter tops, island with storage drawers, eating area and indoor laundry room with additional storage. Dining room with wood burning fireplace adds to the charm along with French doors leading out to patio. Fantastic size back yard with 16 x 8 storage building PLUS a 7 x 12 out building for rejuvenation or meditation quite time.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97013, Canby, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,696 (100%)
Owner Occupied HU	6,936 (71.5%)
Renter Occupied HU	2,486 (25.6%)
Vacant Housing Units	274 ( 2.8%)
Median Home Value	$597,733
Average Home Value	$656,917