1408 T AveLa GrandeOR97850
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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
Rental property for sale in La Grande at 1408 T Ave, La Grande, OR, 97850 generates $1,936/mo in rent and, after a $1,273/mo payment, leaves $366/mo in cash flow. Total monthly income is $1,936/mo, and annual cash flow is $4,394/yr on $86,190 invested. Return on cash invested sits at 25.01% in year one, and rental yield is 8.94% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 130.03% and total cumulative return in cash sums $112,073. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,936/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97850, La Grande, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,723 (100%) |
| Owner Occupied HU | 4,367 (56.5%) |
| Renter Occupied HU | 2,826 (36.6%) |
| Vacant Housing Units | 530 ( 6.9%) |
| Median Home Value | $348,973 |
| Average Home Value | $368,307 |
Housing Distribution
Address Breakdown
Residential
7,493
Single Family
6,703
Multi-Family
790
Businesses
951
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