8372 Enchanted Way SE #106TurnerOR97392
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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
Investment property for sale in Turner at 8372 Enchanted Way SE #106, Turner, OR, 97392 uses $59,471 cash to close to unlock $5,342/yr annual cash flow and $445/mo monthly cash flow. Total monthly income runs $1,528/mo, and a $878/mo payment keeps the spread at $445/mo. Purchase price stands at $179,400, and rental yield measures 10.22% with $1,528/mo rent. Return on cash invested shows 28.89% in year one, and 5% annual appreciation builds toward $49,565 over five years. Five-year ROI reaches 150.86% and total cumulative return in cash records $89,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,528/mo property income covering a $878/mo payment rather than investor’s personal income.
Manufactured
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97392, Turner, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 2,004 (79.3%) |
| Renter Occupied HU | 439 (17.4%) |
| Vacant Housing Units | 85 ( 3.4%) |
| Median Home Value | $635,301 |
| Average Home Value | $679,669 |
Housing Distribution
Address Breakdown
Residential
2,256
Single Family
2,256
Multi-Family
0
Businesses
121
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Listed by: MARIAH CRAWFORD • Real Broker
Mls Name: WVMLS
Mls Provider:
Mls ID: #828905
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.