835 SE 1st Ave UNIT 15CanbyOR97013
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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
Rental property for sale in Canby at 835 SE 1st Ave UNIT 15, Canby, OR, 97013 generates $884/mo in rent and, after a $548/mo payment, leaves $208/mo in cash flow. Total monthly income is $884/mo, and annual cash flow is $2,498/yr on $37,128 invested. Return on cash invested sits at 26.64% in year one, and rental yield is 9.47% on a $112,000 entry. Equity gained on principal adds $723/yr, while 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 138.83% and total cumulative return in cash sums $51,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $884/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,590
Single Family
9,178
Multi-Family
412
Businesses
856
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