1050 NW Fairway Rd #153MadrasOR97741
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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 Madras at 1050 NW Fairway Rd #153, Madras, OR, 97741 offers a 7.28% rental yield on a $444,997 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $2,178/mo payment leaves $14/mo available for distribution. Annual cash flow reaches $168/yr on $147,517 to close, and return on cash invested stands at 20.02% in year one. Equity gained on principal adds $2,871/yr while 5% annual appreciation supports $122,944 over five years. Portfolio math shows five-year ROI at 103.24% and total cumulative return in cash at $152,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97741, Madras, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,265 (59.7%) |
| Renter Occupied HU | 1,822 (33.3%) |
| Vacant Housing Units | 382 ( 7.0%) |
| Median Home Value | $373,888 |
| Average Home Value | $420,233 |
Housing Distribution
Address Breakdown
Residential
4,908
Single Family
4,863
Multi-Family
45
Businesses
459
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