2020 Cherry StBaker CityOR97814
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Baker City at 2020 Cherry St, Baker City, OR, 97814 earns $384/mo cash flow from $1,500/mo rent with a $905/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $4,605/yr on $61,328 capital. ROI tracks 27.42% on current figures, and rental yield reads 9.73% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 142.9% and total cumulative return in cash sums $87,639. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97814, Baker City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,071 (100%) |
| Owner Occupied HU | 3,858 (63.5%) |
| Renter Occupied HU | 1,703 (28.1%) |
| Vacant Housing Units | 510 ( 8.4%) |
| Median Home Value | $330,541 |
| Average Home Value | $398,513 |
Housing Distribution
Address Breakdown
Residential
5,545
Single Family
5,278
Multi-Family
267
Businesses
637
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karla Smith • The Grove Team, Ltd.
Mls Name: RMLS (OR)
Mls ID: #657532966