Hemingway Plan, Cascadia RidgeEstacadaOR97023
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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 Estacada at Hemingway Plan, Cascadia Ridge, Estacada, OR, 97023 offers a 7.05% rental yield on a $709,990 purchase with $4,172/mo rent. 48% in year one. Equity gained on principal adds $4,581/yr while 5% annual appreciation supports $196,157 over five years. Portfolio math shows five-year ROI at 100.29% and total cumulative return in cash at $234,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,172/mo property income against a $3,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97023, Estacada, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,169 (100%) |
| Owner Occupied HU | 4,102 (79.4%) |
| Renter Occupied HU | 776 (15.0%) |
| Vacant Housing Units | 291 ( 5.6%) |
| Median Home Value | $610,780 |
| Average Home Value | $670,964 |
Housing Distribution
Address Breakdown
Residential
4,391
Single Family
4,300
Multi-Family
91
Businesses
317
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