812 NW 3rd Ave, Canby, OR, 97013 | $521/mo Cash Flow

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812 NW 3rd Ave, Canby, OR, 97013 | $521/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Canby at 812 NW 3rd Ave, Canby, OR, 97013 earns $521/mo cash flow from $2,754/mo rent with a $1,811/mo payment. Total monthly income totals $2,754/mo, and annual cash flow totals $6,247/yr on $122,655 capital. ROI tracks 25% on current figures, and rental yield reads 8.93% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 129.95% and total cumulative return in cash sums $159,389. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,754/mo property income instead of your personal income.

Single Family

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Polished Townhouse on a corner lot in a great Canby community! Updated end unit w/privacy. Low maintenance, fiber cement siding with cultured stone accents. Inside, enjoy an open-concept floorplan with luxury vinyl flooring throughout main level. Granite countertops in kitchen and all bathrooms. Updated carpeting on the 2nd level. Generous Kitchen boasts abundant storage, ample space for food prep, granite, gas cooking, convenient pantry, and island with bar seating and adjacent dining. Optimal upstairs floor plan has a spacious Primary Suite w/attached bath, walk-in closet. Primary bath was also updated with a new shower/tub surround, with lots of shelving plus hand bars for safety. 3 windows in the primary were updated with new quality windows! Upstairs includes two additional bedrooms, 1 w/walk-in closet, plus convenient laundry, and a full bath. Central Air. A slider from the Living Room takes you to the backyard, private, with an extended patio and fully fenced. Low $95/mo HOA dues cover front yard maintenance with sprinklers, but also a neighborhood playground and a separate park and sport court. Prime location, just a short stroll to post office, Wait City park, downtown, shopping, Library, Cinema, great coffee shops, grocery stores, custom meat market, multiple restaurants. Walk, bike or drive to the Clackamas County Fairgrounds and Rodeo. Enjoy the seasonal Canby Farmers Market. There is also a skate park close by! A community of parks and tree lined streets make this an ideal place to call home!

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