9883 NE Highland View Ln, Otis, OR, 97368 | 3.11% Rental Yield

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9883 NE Highland View Ln, Otis, OR, 97368 | 3.11% Rental Yield | Ziffy

For Sale

Fix & Flip

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 $1,800/mo, and a $3,402/mo payment. Purchase price stands at $695,000, and rental yield measures 3.11% with $1,800/mo rent. Return on cash invested shows 7.49% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 36.01% and total cumulative return in cash records $82,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $3,402/mo payment rather than investor’s personal income.

Single Family

Built in 2024

4.85 Acres lot

$N/A/sqft

No HOA

More details about the property

Come finish this beautiful custom-built mountain home already about 80% complete and full of potential!This spacious 4-bedroom, 3.5-bath home features a 3-car garage and double wraparound decks showcasing breathtaking mountain views from every angle.Much of the major work is already done, including kitchen appliances and fully installed HVAC heat pumps. The living room is prepped for a mini-split, and A/C units are onsite and ready to install. The home still needs a gas line, finish electrical, paint, countertops, and flooring to reach completion.Custom garage doors are included and ready for installation once paid for, completing the homes exterior.Buyer to verify all square footage and perform their own due diligence regarding county building permit and to have active building permits transfered into their name.Sold as-is a rare opportunity to finish a nearly completed custom build and make it truly your own amid stunning mountain scenery.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97368, Otis, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,862 (100%)
Owner Occupied HU	1,216 (65.3%)
Renter Occupied HU	286 (15.4%)
Vacant Housing Units	360 (19.3%)
Median Home Value	$381,203
Average Home Value	$406,891