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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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$524,900
2 bds2 ba896sqft
143970 Highway 97 NGilchristOR97737
3.81%
Gross Yield
9.63%
ROI
$1,668/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Investment property for sale in Gilchrist at 143970 Highway 97 N, Gilchrist, OR, 97737 listed at $524,900 pairs $1,668/mo rent with a $2,569/mo payment. Total monthly income runs $1,668/mo. Return on cash invested measures 9.64% in year one, and rental yield registers 3.81% at a $524,900 basis. Equity gained on principal adds $3,387/yr, and annual property appreciation at 5% supports $145,020 by year five. Five-year ROI tracks 47.51% and total cumulative return in cash totals $82,045. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,668/mo property income relative to a $2,569/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
19.68 Acres lot
$N/A/sqft
No HOA
More details about the property
The ultimate 20 acre parcel of privacy at this off-grid cabin in the woods on the Little Deschutes! The river meanders through the property for fishing, floating, & fun. Located close to all of the High Lakes & Mount Bachelor. 2 bed, 1.5 bath cabin is nestled atop the hill for immaculate forest, wildlife, & mtn views. Blue pine interior & open living spaces w/views right out the floor to ceiling windows & sliding glass doors over the back deck. Primary bedroom ftrs sliding doors to an upper deck for relaxing mornings/evenings. A private bathroom upstairs is already plumbed for an additional full bath in addtn to the lower level full bath. Powered by 2 generators, on-site well, & surrounded by other large parcels of land. Traditional power available for future owners if desired. Detached 20x24 2 car garage w/one roll up door & man door plus shed. Picnic tables, firepit, & tons of space for RV parking, camping, entertaining friends/family! Do not use GPS to access, call for details!
Neighborhood Data
Neighborhood data shown for ZIP Code: 97737, Gilchrist, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 278 (100%) |
| Owner Occupied HU | 172 (61.9%) |
| Renter Occupied HU | 43 (15.5%) |
| Vacant Housing Units | 63 (22.7%) |
| Median Home Value | $402,500 |
| Average Home Value | $445,465 |
Housing Distribution
Address Breakdown
Residential
92
Single Family
87
Multi-Family
5
Businesses
16
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Listed for sale | $524,900 |
| 2021-07-13 | Sold | $400,000 |
| 1998-07-13 | Sold | $13,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-04 | $1942.23 | 3.96% | $171,420 | 3.00% |
| 2023-08-04 | $1868.23 | 2.71% | $166,430 | 3.00% |
| 2022-08-04 | $1818.92 | 3.05% | $161,590 | 3.00% |
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Powered by
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NMLS #2625701
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2001
- Architectural Style: A-Frame
- Building Area: 896
- Living Area: 896 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Propane, Wall Furnace, Other
- Cooling: None
- Flooring: Carpet
- Interior Features: Built-in Features, Laminate Counters, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Soaking Tub, Vaulted Ceiling(s)
- Exterior Features: Fire Pit
- Parking Features: Detached, Driveway, Gated, Gravel, RV Access/Parking, Storage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank, Standard Leach Field
- Water Source: Well
- Road Surface Type: Dirt
School Information
- Elementary School: Gilchrist Elem
- Middle School: Gilchrist Jr/Sr High
- High School: Gilchrist Jr/Sr High
Listed by: N/A • Keller Williams Realty Central Oregon
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220206926
Disclaimer: 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2025-08-04 12:00:13 PDT