1738 NE 4th St UNIT 2BendOR97701
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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 Bend at 1738 NE 4th St UNIT 2, Bend, OR, 97701 generates $2,076/mo in rent, after a $2,347/mo payment. Total monthly income is $2,076/mo. Return on cash invested sits at 12.86% in year one, and rental yield is 5.2% on a $479,500 entry. Equity gained on principal adds $3,094/yr, while 5% annual appreciation builds toward $132,477 over five years. Five-year ROI reaches 65.18% and total cumulative return in cash sums $103,600. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Condo
Built in 2018
6,969 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97701, Bend, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,210 (100%) |
| Owner Occupied HU | 10,817 (53.5%) |
| Renter Occupied HU | 8,210 (40.6%) |
| Vacant Housing Units | 1,183 ( 5.9%) |
| Median Home Value | $667,275 |
| Average Home Value | $741,903 |
Housing Distribution
Address Breakdown
Residential
18,882
Single Family
17,042
Multi-Family
1,840
Businesses
1,536
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Listed by: N/A • MORE Realty, Inc.
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220198008
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