86344 Christmas Valley HwySilver LakeOR97638
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 86344 Christmas Valley Hwy, Silver Lake, OR, 97638 in Silver Lake. Priced at $235,000, it generates $2,338/mo in gross rent and $875/mo in net monthly cash flow, a 11.71% yield that comfortably supports the 2.21 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,496. Five-year appreciation: $64,926. Equity from principal paydown: $2,164/yr. Total projected cumulative return: $148,124.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $875 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,338 |
| Total Monthly Debt Service | $1,325 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
7.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97638, Silver Lake, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 296 (60.4%) |
| Renter Occupied HU | 102 (20.8%) |
| Vacant Housing Units | 92 (18.8%) |
| Median Home Value | $307,547 |
| Average Home Value | $373,877 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
106
Multi-Family
4
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1994
7.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97638, Silver Lake, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 296 (60.4%) |
| Renter Occupied HU | 102 (20.8%) |
| Vacant Housing Units | 92 (18.8%) |
| Median Home Value | $307,547 |
| Average Home Value | $373,877 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
106
Multi-Family
4
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shara Shumway • Oregon Country Realty Inc
Mls Name: LCAOR
Mls ID: #3007346
Disclaimer: Copyright Lake County MLS. All rights reserved. Information is deemed reliable but not guaranteed.