90278 Hill RdSpringfieldOR97478
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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 Springfield at 90278 Hill Rd, Springfield, OR, 97478 generates $2,717/mo in rent, after a $3,744/mo payment. Total monthly income is $2,717/mo. Return on cash invested sits at 11% in year one, and rental yield is 4.26% on a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 54.83% and total cumulative return in cash sums $137,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,717/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
30.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97478, Springfield, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 10,304 (66.8%) |
| Renter Occupied HU | 4,596 (29.8%) |
| Vacant Housing Units | 529 ( 3.4%) |
| Median Home Value | $467,133 |
| Average Home Value | $522,825 |
Housing Distribution
Address Breakdown
Residential
15,037
Single Family
14,943
Multi-Family
94
Businesses
461
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Listed by: KILA SWEARINGER • Exp Realty, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #830102
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.