835 SE 1st Ave UNIT 14, Canby, OR, 97013 | $221/mo Cash Flow

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835 SE 1st Ave UNIT 14, Canby, OR, 97013 | $221/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 14, Canby, OR, 97013 earns $221/mo cash flow from $885/mo rent with a $538/mo payment. Total monthly income totals $885/mo, and annual cash flow totals $2,657/yr on $36,465 capital. ROI tracks 27.2% on current figures, and rental yield reads 9.65% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 141.8% and total cumulative return in cash sums $51,708. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $885/mo property income instead of your personal income.

Manufactured

Built in 1995

N/A lot

$N/A/sqft

No HOA

More details about the property

This 3 bedroom - 2 bathroom manufactured home located at Canby Manor, a 55+ mobile home park, has vaulted ceilings, large open floor plan and tons of windows with natural light. The home also offers a main living room area open to the kitchen perfect for entertaining, spacious guest bedrooms, large primary w/full bath, laundry/pantry area, cold AC and more!! Garden shed included!! Space rent is $1057/month. Includes water & garbage.

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