79 N Echo PlOtisOR97368
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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 Otis at 79 N Echo Pl, Otis, OR, 97368 uses $124,313 cash to close to unlock $6,970/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $2,844/mo, and a $1,835/mo payment keeps the spread at $581/mo. Purchase price stands at $375,000, and rental yield measures 9.1% with $2,844/mo rent. Return on cash invested shows 25.52% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash records $164,979. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,844/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97368, Otis, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,216 (65.3%) |
| Renter Occupied HU | 286 (15.4%) |
| Vacant Housing Units | 360 (19.3%) |
| Median Home Value | $381,203 |
| Average Home Value | $406,891 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
28
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