87810 Norman Ave, Veneta, OR, 97487 | $509/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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87810 Norman Ave, Veneta, OR, 97487 | $509/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Investment property for sale in Veneta at 87810 Norman Ave, Veneta, OR, 97487 uses $107,738 cash to close to unlock $6,108/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $2,471/mo, and a $1,591/mo payment keeps the spread at $509/mo. Purchase price stands at $325,000, and rental yield measures 9.12% with $2,471/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 133.04% and total cumulative return in cash records $143,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,471/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Single Family

Built in 1978

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully positioned on a quiet dead end street, this solid move-in ready home is priced to sell quickly and welcomes your personal updates. The functional layout includes a woodburning fireplace and a convenient dual access full bathroom that opens both to the hallway and to the primary bedroom. An oversized two car garage provides ample room to tinker and opens to a fenced backyard that feels pleasantly secluded, complete with a firepit patio and a generous tool shed. This is a fantastic opportunity. Schedule your private showing before it is too late.

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