2209 Terra Lea CtLa 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 2209 Terra Lea Ct, La Grande, OR, 97850 earns $457/mo cash flow from $1,936/mo rent with a $1,199/mo payment. Total monthly income totals $1,936/mo, and annual cash flow totals $5,487/yr on $81,218 capital. ROI tracks 26.67% on current figures, and rental yield reads 9.48% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 138.92% and total cumulative return in cash sums $112,824. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,936/mo property income instead of your personal income.
Manufactured
Built in 1997
7,405 sqft 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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