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$475,000
Listing Price6beds
3baths
2,324sqft
3,049sqft lot
613 Valley Heart Ln, Central Point, OR 97502
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Discover a solid investment opportunity with this 2005-built, low-maintenance 3 beds, 2 baths per unit duplex. With a 6% capitalization rate, this property is designed for strong financial performance from day one. An annual gross income of $40,368 against estimated operating expenses of under $10k. With a standard 30% down payment, the net operating income covers the projected annual debt service, ensuring this asset remains cash-flow positive the moment you close escrow. This duplex represents a rare combination of immediate stability and long-term wealth building for the savvy investor.
Interior Details
2324
6
3
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
3049
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
N/A
N/A
N/A
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$3,956
$55,440
$174,860
--%
$230,300
2019
$3,859
$53,820
$169,780
--%
$223,600
2018
$3,741
$52,250
$164,840
--%
$217,090
2017
$3,647
$50,730
$160,040
--%
$210,770
2016
$3,541
$49,250
$155,390
--%
$204,640
2014
$3,306
$46,420
$146,480
--%
$192,900
2013
$2,981
$36,640
$145,740
--%
$182,380
2012
$2,695
$33,000
$131,300
--%
$164,300
Average Home Price in 97502
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