210 SE Jackson StRedmondOR97756
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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
Rental property for sale in Redmond at 210 SE Jackson St, Redmond, OR, 97756 generates $1,948/mo in rent and, after a $1,346/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,948/mo, and annual cash flow is $3,456/yr on $91,163 invested. Return on cash invested sits at 23.7% in year one, and rental yield is 8.5% 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 123.02% and total cumulative return in cash sums $112,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,948/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97756, Redmond, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,453 (100%) |
| Owner Occupied HU | 13,066 (63.9%) |
| Renter Occupied HU | 5,679 (27.8%) |
| Vacant Housing Units | 1,708 ( 8.4%) |
| Median Home Value | $600,230 |
| Average Home Value | $644,605 |
Housing Distribution
Address Breakdown
Residential
19,431
Single Family
18,710
Multi-Family
721
Businesses
1,680
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Listed by: N/A • Cascade Hasson SIR
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220198601
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