108 Walnut StLa GrandeOR97850
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 108 Walnut St, La Grande, OR, 97850 in La Grande delivers $2,394/mo in gross rent and $282/mo in net monthly income at a $349,900 entry. The 8.21% yield and 1.52 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $96,671 over five years and $3,223/yr in equity from loan paydown, total projected return is $150,634.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $282 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,394 |
| Total Monthly Debt Service | $1,973 |
| DSCR Ratio | 1.21x |
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 1968
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97850, La Grande, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,723 (100%) |
| Owner Occupied HU | 4,367 (56.5%) |
| Renter Occupied HU | 2,826 (36.6%) |
| Vacant Housing Units | 530 ( 6.9%) |
| Median Home Value | $348,973 |
| Average Home Value | $368,307 |
Housing Distribution
Address Breakdown
Residential
7,493
Single Family
6,703
Multi-Family
790
Businesses
951
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 1968
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97850, La Grande, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,723 (100%) |
| Owner Occupied HU | 4,367 (56.5%) |
| Renter Occupied HU | 2,826 (36.6%) |
| Vacant Housing Units | 530 ( 6.9%) |
| Median Home Value | $348,973 |
| Average Home Value | $368,307 |
Housing Distribution
Address Breakdown
Residential
7,493
Single Family
6,703
Multi-Family
790
Businesses
951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices