150 E Main StIoneOR97843
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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 Ione at 150 E Main St, Ione, OR, 97843 offers $960/mo rent that, after a $636/mo payment, leaves $176/mo cash flow. Total monthly income is $960/mo, and annual cash flow is $2,107/yr on $43,095 cash. Return on cash invested measures 24.8% in year one, and rental yield stands at 8.86% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 128.9% and total cumulative return in cash reaches $55,551. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $960/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97843, Ione, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 290 (100%) |
| Owner Occupied HU | 177 (61.0%) |
| Renter Occupied HU | 78 (26.9%) |
| Vacant Housing Units | 35 (12.1%) |
| Median Home Value | $378,125 |
| Average Home Value | $431,610 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
123
Multi-Family
6
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.