Tl1100 Sandlake RdCloverdaleOR97112
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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 Cloverdale at Tl1100 Sandlake Rd, Cloverdale, OR, 97112 priced at $211,000 converts $1,699/mo rent into $425/mo cash flow after a $1,033/mo obligation. Total monthly income equals $1,699/mo, and annual cash flow totals $5,101/yr on $69,947 invested. Return on cash invested prints 27.2% in year one, and rental yield reads 9.66% against a $211,000 entry. Equity gained on principal adds $1,362/yr, while 5% annual appreciation compiles into $58,295 by year five. Five-year ROI reaches 141.82% and total cumulative return in cash sums $99,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,699/mo property income covering a $1,033/mo payment, not borrower’s personal income.
Lot
Built in N/A
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97112, Cloverdale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,019 (100%) |
| Owner Occupied HU | 901 (44.6%) |
| Renter Occupied HU | 248 (12.3%) |
| Vacant Housing Units | 870 (43.1%) |
| Median Home Value | $467,647 |
| Average Home Value | $508,310 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
802
Multi-Family
1
Businesses
49
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Listed by: Jacqueline L Voegeli • Windermere West LLC, Pacific City
Mls Name: OCMLS
Mls Provider:
Mls ID: #23-295
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