985 NW 2nd AveOntarioOR97914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ontario at 985 NW 2nd Ave, Ontario, OR, 97914 uses $76,245 cash to close to unlock $5,657/yr annual cash flow and $471/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $1,126/mo payment keeps the spread at $471/mo. Purchase price stands at $230,000, and rental yield measures 9.7% with $1,860/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 142.44% and total cumulative return in cash records $108,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1959
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97914, Ontario, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,780 (100%) |
| Owner Occupied HU | 3,666 (54.1%) |
| Renter Occupied HU | 2,620 (38.6%) |
| Vacant Housing Units | 494 ( 7.3%) |
| Median Home Value | $263,235 |
| Average Home Value | $293,384 |
Housing Distribution
Address Breakdown
Residential
6,460
Single Family
6,091
Multi-Family
369
Businesses
852
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices