1150 SE Owyn DrHermistonOR97838
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 1150 SE Owyn Dr, Hermiston, OR, 97838 in Hermiston delivers $2,274/mo in gross rent and $282/mo in net monthly income at a $329,990 entry. The 8.27% yield and 1.53 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 $91,170 over five years and $3,039/yr in equity from loan paydown, total projected return is $143,088.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 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 | $2,274 |
| Total Monthly Debt Service | $1,861 |
| DSCR Ratio | 1.22x |
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 2025
6,098 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
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 2025
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices