220 SE Hope Ct, Sheridan, OR, 97378 | $75/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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220 SE Hope Ct, Sheridan, OR, 97378 | $75/mo Cash Flow | Ziffy

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sheridan at 220 SE Hope Ct, Sheridan, OR, 97378 offers $2,490/mo rent that, after a $1,958/mo payment, leaves $75/mo cash flow. Total monthly income is $2,490/mo, and annual cash flow is $904/yr on $132,600 cash. Return on cash invested measures 20.59% in year one, and rental yield stands at 7.47% at a $399,999 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,512 by year five. Five-year ROI records 106.31% and total cumulative return in cash reaches $140,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,490/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2009

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

This lovely 2-story home features solar panels, a welcoming porch and beautiful open concept hardwood floors throughout the main level. The kitchen is open and perfect for cooking & entertaining. spacious laundry room, located on main. Outside, you have a full fenced yard with patio, offering plenty of room for play or gardening. Additionally, the backyard opens to an open area, providing a peaceful environment.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,977 (100%)
Owner Occupied HU	1,913 (64.3%)
Renter Occupied HU	917 (30.8%)
Vacant Housing Units	147 ( 4.9%)
Median Home Value	$395,612
Average Home Value	$482,628