190 N 1st StHarrisburgOR97446
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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 Harrisburg at 190 N 1st St, Harrisburg, OR, 97446 offers a 8.51% rental yield on a $355,000 purchase with $2,519/mo rent. Total monthly income registers $2,519/mo, and a $1,738/mo payment leaves $376/mo available for distribution. Annual cash flow reaches $4,509/yr on $117,683 to close, and return on cash invested stands at 23.74% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 123.19% and total cumulative return in cash at $144,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,519/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97446, Harrisburg, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,995 (100%) |
| Owner Occupied HU | 1,465 (73.4%) |
| Renter Occupied HU | 462 (23.2%) |
| Vacant Housing Units | 68 ( 3.4%) |
| Median Home Value | $429,966 |
| Average Home Value | $472,604 |
Housing Distribution
Address Breakdown
Residential
1,763
Single Family
1,761
Multi-Family
2
Businesses
135
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Listed by: LISANNE DICKENSON • Real Broker
Mls Name: WVMLS
Mls ID: #833875