1464 SW Riverhill Dr, Hermiston, OR, 97838 | $168/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1464 SW Riverhill Dr, Hermiston, OR, 97838 | $168/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Rental property for sale in Hermiston at 1464 SW Riverhill Dr, Hermiston, OR, 97838 generates $2,274/mo in rent and, after a $1,708/mo payment, leaves $168/mo in cash flow. Total monthly income is $2,274/mo, and annual cash flow is $2,011/yr on $115,694 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 7.82% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 111.97% and total cumulative return in cash sums $129,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,274/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1464 SW Riverhill Drive! This 3-bedroom, 2.5-bath home has 1,537 square feet of comfortable living space and is located in a quiet, safe neighborhoodperfect for anyone looking for a little peace and privacy. The home features a nice layout with all bedrooms upstairs, including a spacious master suite with a full bathroom and double vanity. Theres plenty of room for everyday living and entertaining. Outside, the yard is fully fenced and has underground sprinklers in both the front and back, making lawn care a breeze. The backyard also includes a handy storage shed. Youll also have a 2-car garage and a roomy driveway with plenty of parking, including space for an RV. As far as location, within a five minute drive you have Good Shepherd Medical Center, West Park Elementary, Armand Larive Middle School, and Hermiston High School. The property line goes beyond the backyard fence into the unused lot. Buyers due diligence on access and use. This is a great spot to settle in and feel at homedont miss out!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97838, Hermiston, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,533 (100%)
Owner Occupied HU	6,429 (61.0%)
Renter Occupied HU	3,658 (34.7%)
Vacant Housing Units	446 ( 4.2%)
Median Home Value	$338,610
Average Home Value	$369,001