1590 W 2nd StHalseyOR97348
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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 Halsey at 1590 W 2nd St, Halsey, OR, 97348 generates $2,254/mo in rent, after a $2,349/mo payment. Total monthly income is $2,254/mo. Return on cash invested sits at 15.06% in year one, and rental yield is 5.63% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 76.63% and total cumulative return in cash sums $121,937. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,254/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97348, Halsey, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 433 (71.3%) |
| Renter Occupied HU | 154 (25.4%) |
| Vacant Housing Units | 20 ( 3.3%) |
| Median Home Value | $599,702 |
| Average Home Value | $705,751 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
423
Multi-Family
0
Businesses
45
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