1960 Birch St, Elgin, OR, 97827 | 6.49% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elgin at 1960 Birch St, Elgin, OR, 97827 generates $1,488/mo in rent, after a $1,346/mo payment. Total monthly income is $1,488/mo. Return on cash invested sits at 17.65% in year one, and rental yield is 6.49% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 90.56% and total cumulative return in cash sums $82,559. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,488/mo property income rather than buyer’s personal income.

Single Family

Built in 1952

1.56 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 97827, Elgin, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,310 (100%)
Owner Occupied HU	865 (66.0%)
Renter Occupied HU	297 (22.7%)
Vacant Housing Units	148 (11.3%)
Median Home Value	$268,924
Average Home Value	$360,358