8372 Enchanted Way SE #184, Turner, OR, 97392 | $243/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8372 Enchanted Way SE #184, Turner, OR, 97392 | $243/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1232 sft

1284 N 19th St UNIT 98, Philomath, OR, 97370

3 Bed
2 Bath
1680 sft

1284 N 19th St UNIT 84, Philomath, OR, 97370

4 Bed
2 Bath
1404 sft

300 Western St SE UNIT 10, Albany, OR, 97322

3 Bed
2 Bath
1344 sft

755 NE Circle Blvd UNIT 60, Corvallis, OR, 97330

Nearby investment properties with comparable prices

2 Bed
2 Bath
1344 sft

29229 Highway 34 UNIT 6, Corvallis, OR, 97333

3 Bed
2 Bath
1232 sft

1284 N 19th St UNIT 98, Philomath, OR, 97370

4 Bed
2 Bath
1404 sft

300 Western St SE UNIT 10, Albany, OR, 97322

3 Bed
2 Bath
1680 sft

1284 N 19th St UNIT 84, Philomath, OR, 97370

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Turner at 8372 Enchanted Way SE #184, Turner, OR, 97392 uses $45,747 cash to close to unlock $2,921/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,076/mo, and a $675/mo payment keeps the spread at $243/mo. Purchase price stands at $138,000, and rental yield measures 9.36% with $1,076/mo rent. Return on cash invested shows 26.29% in year one, and 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 136.97% and total cumulative return in cash records $62,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,076/mo property income covering a $675/mo payment rather than investor’s personal income.

Manufactured

Built in 2015

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to an idyllic location tucked into an oak grove! This beautifully updated tiny home features vaulted ceilings, new wood flooring, wooden blinds, and abundant natural light. French doors open out to a covered deck while a fully fenced backyard includes a catio with motorized cat-door access and space to landscape. Enjoy resort-style living at Hope Valley with a pool, hot tub, fitness classes, trails, and a catch-and-release lake. Park rent $963/mo includes water, sewer, garbage, and yard debris.

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