1610 Dewey AveBaker CityOR97814
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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
Investment property for sale in Baker City at 1610 Dewey Ave, Baker City, OR, 97814 listed at $529,900 pairs $1,612/mo rent with a $2,594/mo payment. Total monthly income runs $1,612/mo. Return on cash invested measures 9.14% in year one, and rental yield registers 3.65% at a $529,900 basis. Equity gained on principal adds $3,419/yr, and annual property appreciation at 5% supports $146,402 by year five. Five-year ROI tracks 44.86% and total cumulative return in cash totals $78,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,612/mo property income relative to a $2,594/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97814, Baker City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,071 (100%) |
| Owner Occupied HU | 3,858 (63.5%) |
| Renter Occupied HU | 1,703 (28.1%) |
| Vacant Housing Units | 510 ( 8.4%) |
| Median Home Value | $330,541 |
| Average Home Value | $398,513 |
Housing Distribution
Address Breakdown
Residential
5,545
Single Family
5,278
Multi-Family
267
Businesses
637
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Listed by: Mitchell Grove • The Grove Team, Ltd.
Mls Name: RMLS (OR)
Mls ID: #135623136