208 16th StLa GrandeOR97850
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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 La Grande at 208 16th St, La Grande, OR, 97850 offers a 6.28% rental yield on a $369,900 purchase with $1,936/mo rent. 01% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Portfolio math shows five-year ROI at 87.1% and total cumulative return in cash at $106,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,936/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97850, La Grande, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,723 (100%) |
| Owner Occupied HU | 4,367 (56.5%) |
| Renter Occupied HU | 2,826 (36.6%) |
| Vacant Housing Units | 530 ( 6.9%) |
| Median Home Value | $348,973 |
| Average Home Value | $368,307 |
Housing Distribution
Address Breakdown
Residential
7,493
Single Family
6,703
Multi-Family
790
Businesses
951
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