225 NE 8th StIrrigonOR97844
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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 Irrigon at 225 NE 8th St, Irrigon, OR, 97844 offers a 8.81% rental yield on a $290,000 purchase with $2,130/mo rent. Total monthly income registers $2,130/mo, and a $1,419/mo payment leaves $380/mo available for distribution. Annual cash flow reaches $4,559/yr on $96,135 to close, and return on cash invested stands at 24.65% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 128.07% and total cumulative return in cash at $123,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,130/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97844, Irrigon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 1,053 (74.3%) |
| Renter Occupied HU | 285 (20.1%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $218,457 |
| Average Home Value | $242,642 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,237
Multi-Family
2
Businesses
70
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