1642 NE Hilltop LnMadrasOR97741
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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 Madras at 1642 NE Hilltop Ln, Madras, OR, 97741 earns $346/mo cash flow from $2,815/mo rent with a $2,002/mo payment. Total monthly income totals $2,815/mo, and annual cash flow totals $4,153/yr on $135,584 capital. ROI tracks 22.97% on current figures, and rental yield reads 8.26% at a $409,000 purchase. Equity gained on principal adds $2,639/yr, and 5% annual appreciation supports $112,999 over five years. Five-year ROI reaches 119.09% and total cumulative return in cash sums $161,469. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,815/mo property income instead of your personal income.
Single Family
Built in 1973
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97741, Madras, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,265 (59.7%) |
| Renter Occupied HU | 1,822 (33.3%) |
| Vacant Housing Units | 382 ( 7.0%) |
| Median Home Value | $373,888 |
| Average Home Value | $420,233 |
Housing Distribution
Address Breakdown
Residential
4,908
Single Family
4,863
Multi-Family
45
Businesses
459
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