87667 Oak Island DrVenetaOR97487
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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 Veneta at 87667 Oak Island Dr, Veneta, OR, 97487 listed at $335,000 pairs $2,119/mo rent with a $1,640/mo payment to leave $97/mo cash flow. Total monthly income runs $2,119/mo, and annual cash flow reaches $1,158/yr on $111,053 cash to close. Return on cash invested measures 20.95% in year one, and rental yield registers 7.59% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 108.25% and total cumulative return in cash totals $120,212. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,119/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97487, Veneta, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,748 (100%) |
| Owner Occupied HU | 2,961 (79.0%) |
| Renter Occupied HU | 649 (17.3%) |
| Vacant Housing Units | 138 ( 3.7%) |
| Median Home Value | $458,384 |
| Average Home Value | $527,921 |
Housing Distribution
Address Breakdown
Residential
3,257
Single Family
3,169
Multi-Family
88
Businesses
186
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