117 N Main StMilton FreewaterOR97862
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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 Milton Freewater at 117 N Main St, Milton Freewater, OR, 97862 listed at $198,500 pairs $1,855/mo rent with a $972/mo payment to leave $656/mo cash flow. Total monthly income runs $1,855/mo, and annual cash flow reaches $7,877/yr on $65,803 cash to close. Return on cash invested measures 31.88% in year one, and rental yield registers 11.21% at a $198,500 basis. Equity gained on principal adds $1,281/yr, and annual property appreciation at 5% supports $54,842 by year five. Five-year ROI tracks 166.89% and total cumulative return in cash totals $109,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,855/mo property income relative to a $972/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97862, Milton Freewater, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,942 (100%) |
| Owner Occupied HU | 2,968 (60.1%) |
| Renter Occupied HU | 1,458 (29.5%) |
| Vacant Housing Units | 516 (10.4%) |
| Median Home Value | $336,717 |
| Average Home Value | $392,433 |
Housing Distribution
Address Breakdown
Residential
4,439
Single Family
4,382
Multi-Family
57
Businesses
376
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Listed by: Valerie Alderson • Seaquist Real Estate
Mls Name: RMLS (OR)
Mls ID: #375278668