220 Elm StBaker CityOR97814
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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 Baker City at 220 Elm St, Baker City, OR, 97814 with 5% annual appreciation on a $259,900 basis while $1,631/mo rent supports operations. Total monthly income totals $1,631/mo and a $1,272/mo payment preserves $62/mo for cash returns. Annual cash flow comes to $747/yr on $86,157 deployed, and return on cash invested reaches 20.78% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 7.53%. Five-year ROI measures 107.33% and total cumulative return in cash totals $92,470.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,631/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
21.96 Acres 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
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Listed by: Mitchell Grove • The Grove Team, Ltd.
Mls Name: RMLS (OR)
Mls ID: #304330905