823 S South StLakeviewOR97630
Nearby investment properties with comparable rents
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 Lakeview at 823 S South St, Lakeview, OR, 97630 at $205,000 posts ROI 21.37% with $83/mo cash flow from $1,320/mo rent. Total monthly income equals $1,320/mo, and annual cash flow records $996/yr on $67,958 to close. Return on cash invested measures 21.37% and rental yield reads 7.73% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 110.5% and total cumulative return in cash totals $75,090.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,320/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1981
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97630, Lakeview, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 1,505 (60.5%) |
| Renter Occupied HU | 677 (27.2%) |
| Vacant Housing Units | 307 (12.3%) |
| Median Home Value | $226,628 |
| Average Home Value | $273,053 |
Housing Distribution
Address Breakdown
Residential
2,303
Single Family
2,269
Multi-Family
34
Businesses
332
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