1616 SW 2nd StPendletonOR97801
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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 Pendleton at 1616 SW 2nd St, Pendleton, OR, 97801 earns from $1,740/mo rent with a $2,051/mo payment. Total monthly income totals $1,740/mo. ROI tracks 13.09% on current figures, and rental yield reads 4.98% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 66.08% and total cumulative return in cash sums $91,781. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Single Family
Built in 2001
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97801, Pendleton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,341 (100%) |
| Owner Occupied HU | 5,083 (54.4%) |
| Renter Occupied HU | 3,373 (36.1%) |
| Vacant Housing Units | 885 ( 9.5%) |
| Median Home Value | $337,168 |
| Average Home Value | $384,173 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
8,015
Multi-Family
470
Businesses
1,006
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