LOT 8 2nd St SETurnerOR97392
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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
Investment Highlights
Investment property for sale in Turner at LOT 8 2nd St SE, Turner, OR, 97392 with 5% annual appreciation on a $839,900 basis while $3,594/mo rent supports operations. 65% in year one. Equity gained on principal adds $5,420/yr, and five-year appreciation sums $232,049 alongside rental yield of 5.13%. Five-year ROI measures 69.06% and total cumulative return in cash totals $190,831. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,594/mo property income versus a $4,111/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97392, Turner, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 2,004 (79.3%) |
| Renter Occupied HU | 439 (17.4%) |
| Vacant Housing Units | 85 ( 3.4%) |
| Median Home Value | $635,301 |
| Average Home Value | $679,669 |
Housing Distribution
Address Breakdown
Residential
2,256
Single Family
2,256
Multi-Family
0
Businesses
121
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