90635 Spring Rd, Astoria, OR, 97103 | 3.58% Rental Yield

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90635 Spring Rd, Astoria, OR, 97103 | 3.58% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Total monthly income runs $2,400/mo, and a $3,940/mo payment. Purchase price stands at $805,000, and rental yield measures 3.58% with $2,400/mo rent. Return on cash invested shows 8.92% in year one, and 5% annual appreciation builds toward $222,407 over five years. Five-year ROI reaches 43.66% and total cumulative return in cash records $115,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $3,940/mo payment rather than investor’s personal income.

Single Family

Built in 1930

3.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Lewis & Clark Valley Views: Beautiful remodeled farmhouse a 3.35 acres in Lewis & Clark! Surrounded by mature forest, cherry and apple trees. the property offers three decks with premium fiberon decking-perfect for entertaining or relaxing outdoors. A brand-new oversized two-car garage with extra depth adds plenty of space for storage or projects. Inside, the home blends charm with modern updates. Original hardwood floors, granite countertops, a large kitchen island, and new windows. Thoughtful touches include barn doors, a walk-in closet, built in storage, and a cozy new siding, fresh paint inside and out, new concrete, updated bathrooms, and new flooring upstairs. New 200 amp service and wiring, two daikon mini-splits, additional electric heaters, a wood furnace, and new blown-in attic insulation. Move-in ready and full of charm, this farmhouse is the perfect place to call home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97103, Astoria, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,624 (100%)
Owner Occupied HU	4,858 (56.3%)
Renter Occupied HU	3,089 (35.8%)
Vacant Housing Units	677 ( 7.9%)
Median Home Value	$477,858
Average Home Value	$528,653