132 E Main StSheridanOR97378
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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 Sheridan at 132 E Main St, Sheridan, OR, 97378 uses $99,119 cash to close to unlock $14,216/yr annual cash flow and $1,185/mo monthly cash flow. Total monthly income runs $2,989/mo, and a $1,463/mo payment keeps the spread at $1,185/mo. Purchase price stands at $299,000, and rental yield measures 12% with $2,989/mo rent. Return on cash invested shows 34.25% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 179.56% and total cumulative return in cash records $177,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,989/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1914
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,913 (64.3%) |
| Renter Occupied HU | 917 (30.8%) |
| Vacant Housing Units | 147 ( 4.9%) |
| Median Home Value | $395,612 |
| Average Home Value | $482,628 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,545
Multi-Family
107
Businesses
167
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