38808 N Main StScioOR97374
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 38808 N Main St, Scio, OR, 97374 in Scio. At $450,000 it earns $3,096/mo in rent and distributes $380/mo to the owner after the $2,023/mo payment, a consistent 8.26% yield. DSCR 1.53 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $124,327 in value; $4,145/yr in principal paydown compounds ownership stake. Total projected return: $194,844.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $380 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,096 |
| Total Monthly Debt Service | $2,537 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1905
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97374, Scio, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,731 (78.7%) |
| Renter Occupied HU | 377 (17.1%) |
| Vacant Housing Units | 92 ( 4.2%) |
| Median Home Value | $596,742 |
| Average Home Value | $625,797 |
Housing Distribution
Address Breakdown
Residential
1,717
Single Family
1,716
Multi-Family
1
Businesses
106
Nearby investment properties with comparable rents
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
Single Family
Built in 1905
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97374, Scio, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,731 (78.7%) |
| Renter Occupied HU | 377 (17.1%) |
| Vacant Housing Units | 92 ( 4.2%) |
| Median Home Value | $596,742 |
| Average Home Value | $625,797 |
Housing Distribution
Address Breakdown
Residential
1,717
Single Family
1,716
Multi-Family
1
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices