1058 NE Emerald DrHermistonOR97838
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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 Hermiston at 1058 NE Emerald Dr, Hermiston, OR, 97838 uses $72,897 cash to close to unlock $2,051/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,498/mo, and a $1,076/mo payment keeps the spread at $171/mo. Purchase price stands at $219,900, and rental yield measures 8.17% with $1,498/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 117.72% and total cumulative return in cash records $85,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,498/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97838, Hermiston, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,533 (100%) |
| Owner Occupied HU | 6,429 (61.0%) |
| Renter Occupied HU | 3,658 (34.7%) |
| Vacant Housing Units | 446 ( 4.2%) |
| Median Home Value | $338,610 |
| Average Home Value | $369,001 |
Housing Distribution
Address Breakdown
Residential
10,383
Single Family
10,028
Multi-Family
355
Businesses
1,001
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