214 Thompson RdRiddleOR97469
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
Rental property for sale in Riddle at 214 Thompson Rd, Riddle, OR, 97469 priced at $289,900 pairs $1,620/mo rent with after a $1,419/mo payment. Total monthly income equals $1,620/mo. Return on cash invested is 18.29% in year one, and rental yield stands at 6.71% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 93.98% and total cumulative return in cash reaches $90,321. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1979
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97469, Riddle, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 807 (69.6%) |
| Renter Occupied HU | 276 (23.8%) |
| Vacant Housing Units | 76 ( 6.6%) |
| Median Home Value | $285,417 |
| Average Home Value | $322,367 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices