2320 NE Wells Acres RdBendOR97701
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
Investment property for sale in Bend at 2320 NE Wells Acres Rd, Bend, OR, 97701 offers a 8.44% rental yield on a $425,000 purchase with $2,989/mo rent. Total monthly income registers $2,989/mo, and a $2,080/mo payment leaves $424/mo available for distribution. Annual cash flow reaches $5,085/yr on $140,888 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 122% and total cumulative return in cash at $171,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,989/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97701, Bend, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,210 (100%) |
| Owner Occupied HU | 10,817 (53.5%) |
| Renter Occupied HU | 8,210 (40.6%) |
| Vacant Housing Units | 1,183 ( 5.9%) |
| Median Home Value | $667,275 |
| Average Home Value | $741,903 |
Housing Distribution
Address Breakdown
Residential
18,882
Single Family
17,042
Multi-Family
1,840
Businesses
1,536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices