1248 SE Windsong DrCascade LocksOR97014
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1248 SE Windsong Dr, Cascade Locks, OR, 97014 in Cascade Locks is priced for appreciation, not yield. Rental yield 2.47%. At $424,999 with a 2.47% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $117,419 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.46) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $52,103.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 6.2% |
| Monthly Cash Flow | $(1,691) | $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 | $875 |
| Total Monthly Debt Service | $2,396 |
| DSCR Ratio | 0.37x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 2017
2,178 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
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
Townhouse
Built in 2017
2,178 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Rowland • All County Real Estate
Mls Name: RMLS (OR)
Mls ID: #756489648