922 SW Spelling PlCascade LocksOR97014
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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 Cascade Locks at 922 SW Spelling Pl, Cascade Locks, OR, 97014 earns from $875/mo rent with a $3,862/mo payment. Total monthly income totals $875/mo. ROI tracks 2.09% on current figures, and rental yield reads 1.33% at a $789,000 purchase. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 over five years. Five-year ROI reaches 7.05% and total cumulative return in cash sums $18,298. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $875/mo property income instead of your personal income.
Single Family
Built in 2017
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97014, Cascade Locks, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 690 (100%) |
| Owner Occupied HU | 443 (64.2%) |
| Renter Occupied HU | 153 (22.2%) |
| Vacant Housing Units | 94 (13.6%) |
| Median Home Value | $416,013 |
| Average Home Value | $478,781 |
Housing Distribution
Address Breakdown
Residential
189
Single Family
178
Multi-Family
11
Businesses
74
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Listed by: Todd Bouchard • Windermere Community Realty
Mls Name: RMLS (OR)
Mls ID: #162138521