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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 Independence at 9679 Wells Landing Rd, Independence, OR, 97351 uses $162,402 cash to close to unlock $7,712/yr annual cash flow and $643/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $2,398/mo payment keeps the spread at $643/mo. Purchase price stands at $489,900, and rental yield measures 8.82% with $3,600/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 128.1% and total cumulative return in cash records $208,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97351, Independence, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,369 (100%) |
| Owner Occupied HU | 2,647 (60.6%) |
| Renter Occupied HU | 1,605 (36.7%) |
| Vacant Housing Units | 117 ( 2.7%) |
| Median Home Value | $427,687 |
| Average Home Value | $490,376 |
Residential
4,271
Single Family
4,110
Multi-Family
161
Businesses
323
Date | Event | Price |
|---|---|---|
| 2025-03-18 | Price change | $489,900 |
| 2024-04-23 | Pending sale | $499,900 |
| 2024-03-17 | Price change | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2018-03-20 | $688.82 | 32.16% | $51,140 | N/A |
| 2017-03-20 | $521.20 | -32.90% | N/A | N/A |
| 2016-03-20 | $776.77 | N/A | $54,646 | 2.99% |
Listed by: DeAnn Sandor • Madden Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #167543446
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-03-20 12:20:44 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
