895 Kristen WayCottage GroveOR97424
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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
Rental property for sale in Cottage Grove at 895 Kristen Way, Cottage Grove, OR, 97424 offers $2,576/mo rent that, after a $1,884/mo payment, leaves $222/mo cash flow. Total monthly income is $2,576/mo, and annual cash flow is $2,668/yr on $127,628 cash. Return on cash invested measures 22% in year one, and rental yield stands at 8.03% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 113.96% and total cumulative return in cash reaches $145,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,576/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97424, Cottage Grove, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,705 (100%) |
| Owner Occupied HU | 5,224 (67.8%) |
| Renter Occupied HU | 2,102 (27.3%) |
| Vacant Housing Units | 379 ( 4.9%) |
| Median Home Value | $498,856 |
| Average Home Value | $538,638 |
Housing Distribution
Address Breakdown
Residential
7,261
Single Family
6,676
Multi-Family
585
Businesses
622
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Listed by: ERICKA FOWLER • Town & Country Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #826245
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.