1020 S 2nd StUnionOR97883
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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 Union at 1020 S 2nd St, Union, OR, 97883 earns from $1,440/mo rent with a $1,297/mo payment. Total monthly income totals $1,440/mo. ROI tracks 17.73% on current figures, and rental yield reads 6.52% at a $264,900 purchase. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 over five years. Five-year ROI reaches 90.98% and total cumulative return in cash sums $79,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Manufactured
Built in 1978
8,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97883, Union, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 846 (70.5%) |
| Renter Occupied HU | 254 (21.2%) |
| Vacant Housing Units | 100 ( 8.3%) |
| Median Home Value | $307,071 |
| Average Home Value | $393,806 |
Housing Distribution
Address Breakdown
Residential
666
Single Family
664
Multi-Family
2
Businesses
60
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