789 Harvest Way #92WoodburnOR97071
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Nearby investment properties with comparable prices
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 Woodburn at 789 Harvest Way #92, Woodburn, OR, 97071 offers a 12.49% rental yield on a $225,000 purchase with $2,342/mo rent. Total monthly income registers $2,342/mo, and a $1,101/mo payment leaves $984/mo available for distribution. Annual cash flow reaches $11,809/yr on $74,588 to close, and return on cash invested stands at 35.74% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 187.6% and total cumulative return in cash at $139,929. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,342/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,832 (100%) |
| Owner Occupied HU | 7,016 (59.3%) |
| Renter Occupied HU | 3,962 (33.5%) |
| Vacant Housing Units | 854 ( 7.2%) |
| Median Home Value | $441,872 |
| Average Home Value | $501,221 |
Housing Distribution
Address Breakdown
Residential
10,645
Single Family
9,933
Multi-Family
712
Businesses
853
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-31 | Listed for sale | $225,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-10-15 | $1141.49 | 55.41% | N/A | N/A |
| 2017-10-15 | $734.50 | -37.41% | N/A | N/A |
| 2016-10-15 | $1173.59 | 84.63% | N/A | N/A |
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1996
- Architectural Style: N/A
- Building Area: 1,242
- Living Area: 1,242 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric
- Cooling: N/A
- Flooring: Laminate
- Interior Features: N/A
- Exterior Features: Brown
- Parking Features: Detached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Water Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Heritage
- Middle School: Valor
- High School: Woodburn
Listed by: ANTONIO TREJO • Tu Casa Corporation
Mls Name: WVMLS
Mls Provider:
Mls ID: #819916
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.