835 SE 1st Ave UNIT 10, Canby, OR, 97013 | $184/mo Cash Flow

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835 SE 1st Ave UNIT 10, Canby, OR, 97013 | $184/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 835 SE 1st Ave UNIT 10, Canby, OR, 97013 offers a 9.35% rental yield on a $105,000 purchase with $818/mo rent. Total monthly income registers $818/mo, and a $514/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,209/yr on $34,808 to close, and return on cash invested stands at 26.26% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 136.84% and total cumulative return in cash at $47,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $818/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Wonderful Double-Wide Manufactured Home in 55+ Community Prime Canby Location! Light and bright manufactured home, ideally situated in a super convenient Canby neighborhood for residents aged 55 and over. Enjoy easy access to shopping, dining, and all the amenities you need just minutes away. Step inside to an open living and dining area featuring vaulted ceilings and an abundance of windows that flood the space with natural light. The kitchen includes an eating barperfect for casual meals or entertaining guests. This home offers 2 spacious bedrooms, including a primary suite with a walk-in closet and an en-suite bathroom featuring double sinks and a relaxing garden tub. The dedicated laundry room offers additional storage for your convenience. Stay comfortable year-round with a heat pump and central AC. Additional updates include all-new plumbing installed in 2008. Dont miss out on this move-in-ready gem in a desirable 55+ community!

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