1615 Pacific Ridge LnHammondOR97121
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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 Hammond at 1615 Pacific Ridge Ln, Hammond, OR, 97121 earns $47/mo cash flow from $3,300/mo rent with a $2,638/mo payment. Total monthly income totals $3,300/mo, and annual cash flow totals $560/yr on $177,331 capital. ROI tracks 20.38% on current figures, and rental yield reads 7.35% at a $539,000 purchase. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 over five years. Five-year ROI reaches 105.11% and total cumulative return in cash sums $186,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.
Single Family
Built in 2009
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97121, Hammond, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 396 (56.7%) |
| Renter Occupied HU | 224 (32.0%) |
| Vacant Housing Units | 79 (11.3%) |
| Median Home Value | $448,387 |
| Average Home Value | $487,367 |
Housing Distribution
Address Breakdown
Residential
543
Single Family
521
Multi-Family
22
Businesses
27
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