1099 SE Wiondsong DrCascade LocksOR97014
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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
Rental property for sale in Cascade Locks at 1099 SE Wiondsong Dr, Cascade Locks, OR, 97014 offers $875/mo rent that, after a $2,800/mo payment. Total monthly income is $875/mo. Return on cash invested measures 3.62% in year one, and rental yield stands at 1.84% at a $572,100 entry. Equity gained on principal adds $3,692/yr while 5% annual appreciation compounds into $158,061 by year five. Five-year ROI records 15.27% and total cumulative return in cash reaches $28,740. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $875/mo property income versus a $2,800/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97014, Cascade Locks, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 690 (100%) |
| Owner Occupied HU | 443 (64.2%) |
| Renter Occupied HU | 153 (22.2%) |
| Vacant Housing Units | 94 (13.6%) |
| Median Home Value | $416,013 |
| Average Home Value | $478,781 |
Housing Distribution
Address Breakdown
Residential
189
Single Family
178
Multi-Family
11
Businesses
74
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Listed by: N/A • N/A
Mls Name: John L Scott Real Estate
Mls ID: #359256469