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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 Selma at 950 Thompson Creek Rd, Selma, OR, 97538 uses $87,848 cash to close to unlock $1,830/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,752/mo, and a $1,297/mo payment keeps the spread at $152/mo. Purchase price stands at $265,000, and rental yield measures 7.93% with $1,752/mo rent. Return on cash invested shows 21.99% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 113.82% and total cumulative return in cash records $99,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97538, Selma, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 615 (66.3%) |
| Renter Occupied HU | 143 (15.4%) |
| Vacant Housing Units | 169 (18.2%) |
| Median Home Value | $535,480 |
| Average Home Value | $621,528 |
Residential
582
Single Family
580
Multi-Family
2
Businesses
44
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Listed for sale | $265,000 |
| 2020-11-05 | Sold | $325,000 |
| 2020-09-04 | Pending sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-10-21 | $1375.19 | N/A | $140,350 | 2.99% |
| 2018-10-21 | $1375.19 | 2.01% | $136,270 | 2.99% |
| 2017-10-21 | $1348.14 | 17.02% | $132,310 | 3.00% |
Listed by: N/A • Keller Williams Realty Southern Oregon
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220191218
Disclaimer: 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2024-10-21 05:21:48 PDT
