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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Elmira at 89988 Sheffler Rd, Elmira, OR, 97437 offers a 4.92% rental yield on a $599,100 purchase with $2,458/mo rent. 01% in year one. Equity gained on principal adds $3,866/yr while 5% annual appreciation supports $165,520 over five years. Portfolio math shows five-year ROI at 65.63% and total cumulative return in cash at $129,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,458/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
3.91 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97437, Elmira, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,053 (100%) |
| Owner Occupied HU | 882 (83.8%) |
| Renter Occupied HU | 134 (12.7%) |
| Vacant Housing Units | 37 ( 3.5%) |
| Median Home Value | $568,987 |
| Average Home Value | $605,031 |
Residential
874
Single Family
865
Multi-Family
9
Businesses
63
Date | Event | Price |
|---|---|---|
| 2011-11-14 | Sold | $200,000 |
| 2011-09-07 | Price change | $209,900 |
| 2011-08-09 | Price change | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $2605.55 | 2.56% | $191,488 | 3.00% |
| 2023-10-29 | $2540.41 | 4.14% | $185,911 | 3.00% |
| 2022-10-29 | $2439.41 | 8.48% | $180,497 | 3.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
