2324 May StHood RiverOR97031
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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 Hood River at 2324 May St, Hood River, OR, 97031 offers a 3.28% rental yield on a $1,295,000 purchase with $3,540/mo rent. 14% in year one. Equity gained on principal adds $8,356/yr while 5% annual appreciation supports $357,785 over five years. Portfolio math shows five-year ROI at 39.42% and total cumulative return in cash at $165,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,540/mo property income against a $6,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97031, Hood River, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,372 (100%) |
| Owner Occupied HU | 5,018 (59.9%) |
| Renter Occupied HU | 2,519 (30.1%) |
| Vacant Housing Units | 835 ( 10.0%) |
| Median Home Value | $694,266 |
| Average Home Value | $736,737 |
Housing Distribution
Address Breakdown
Residential
7,848
Single Family
7,434
Multi-Family
414
Businesses
1,157
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Listed by: Maui Meyer • Copper West Real Estate
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #212757660
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-04-17 11:45:47 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.