138 SE 5th AvenueMilton FreewaterOR97862
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
Investment Highlights
Rental property for sale in Milton Freewater at 138 SE 5th Avenue, Milton Freewater, OR, 97862 priced at $320,000 pairs $2,078/mo rent with $147/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,078/mo, and annual cash flow comes to $1,760/yr on $106,080 invested. Return on cash invested is 21.57% in year one, and rental yield stands at 7.79% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 111.55% and total cumulative return in cash reaches $118,335. For financing, Ziffy Mortgage’s DSCR program evaluates $2,078/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1913
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Benedicte Carbonnier • Coldwell Banker Walla Walla
Mls Name: NWMLS
Mls ID: #2362562