89988 Sheffler RdElmiraOR97437
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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 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
Neighborhood data shown for ZIP Code: 97437, Elmira, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
874
Single Family
865
Multi-Family
9
Businesses
63
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