842 Rose AveVernoniaOR97064
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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 Vernonia at 842 Rose Ave, Vernonia, OR, 97064 earns $144/mo cash flow from $2,196/mo rent with a $1,664/mo payment. Total monthly income totals $2,196/mo, and annual cash flow totals $1,726/yr on $112,710 capital. ROI tracks 21.44% on current figures, and rental yield reads 7.75% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 110.85% and total cumulative return in cash sums $124,938. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,196/mo property income instead of your personal income.
Single Family
Built in 1982
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97064, Vernonia, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,613 (100%) |
| Owner Occupied HU | 1,259 (78.1%) |
| Renter Occupied HU | 260 (16.1%) |
| Vacant Housing Units | 94 ( 5.8%) |
| Median Home Value | $429,661 |
| Average Home Value | $460,725 |
Housing Distribution
Address Breakdown
Residential
1,468
Single Family
1,465
Multi-Family
3
Businesses
108
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Listed by: Ashley Fogel • Weichert, Realtors on Main Street
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24526733
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-14 09:54:08 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.