PARCEL Two 1400 Nandina StSweet HomeOR97386
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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
Rental property for sale in Sweet Home at PARCEL Two 1400 Nandina St, Sweet Home, OR, 97386 priced at $278,000 converts $2,004/mo rent into $326/mo cash flow after a $1,361/mo obligation. Total monthly income equals $2,004/mo, and annual cash flow totals $3,907/yr on $92,157 invested. Return on cash invested prints 24.15% in year one, and rental yield reads 8.65% against a $278,000 entry. Equity gained on principal adds $1,794/yr, while 5% annual appreciation compiles into $76,806 by year five. Five-year ROI reaches 125.4% and total cumulative return in cash sums $115,565. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,004/mo property income covering a $1,361/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97386, Sweet Home, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,089 (100%) |
| Owner Occupied HU | 4,305 (70.7%) |
| Renter Occupied HU | 1,498 (24.6%) |
| Vacant Housing Units | 286 ( 4.7%) |
| Median Home Value | $386,967 |
| Average Home Value | $416,924 |
Housing Distribution
Address Breakdown
Residential
5,817
Single Family
5,768
Multi-Family
49
Businesses
345
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Listed by: LAURA GILLOTT • Keller Williams Realty Mid-Willamette - Gillott Team
Mls Name: WVMLS
Mls ID: #828139