207 S Spruce StWallowaOR97885
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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 Wallowa at 207 S Spruce St, Wallowa, OR, 97885 at $179,000 posts ROI 22.33% with $120/mo cash flow from $1,200/mo rent. Total monthly income equals $1,200/mo, and annual cash flow records $1,436/yr on $59,339 to close. Return on cash invested measures 22.33% and rental yield reads 8.04% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 115.62% and total cumulative return in cash totals $68,607.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97885, Wallowa, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 778 (100%) |
| Owner Occupied HU | 529 (68.0%) |
| Renter Occupied HU | 161 (20.7%) |
| Vacant Housing Units | 88 (11.3%) |
| Median Home Value | $476,984 |
| Average Home Value | $587,117 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
31
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Listed by: Leland Daggett • Wallowa Mountain Properties
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #216001590
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-05-29 11:57:38 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.