1175 Pacific DrHammondOR97121
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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 Hammond at 1175 Pacific Dr, Hammond, OR, 97121 uses $148,844 cash to close to unlock $7,073/yr annual cash flow and $589/mo monthly cash flow. Total monthly income runs $3,300/mo, and a $2,198/mo payment keeps the spread at $589/mo. Purchase price stands at $449,000, and rental yield measures 8.82% with $3,300/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 128.13% and total cumulative return in cash records $190,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,300/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1935
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97121, Hammond, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 396 (56.7%) |
| Renter Occupied HU | 224 (32.0%) |
| Vacant Housing Units | 79 (11.3%) |
| Median Home Value | $448,387 |
| Average Home Value | $487,367 |
Housing Distribution
Address Breakdown
Residential
543
Single Family
521
Multi-Family
22
Businesses
27
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