240 N Court StHeppnerOR97836
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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
Rental property for sale in Heppner at 240 N Court St, Heppner, OR, 97836 offers $1,200/mo rent that, after a $979/mo payment. Total monthly income is $1,200/mo. Return on cash invested measures 19.78% in year one, and rental yield stands at 7.2% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 101.93% and total cumulative return in cash reaches $67,580. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,200/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97836, Heppner, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,051 (100%) |
| Owner Occupied HU | 561 (53.4%) |
| Renter Occupied HU | 243 (23.1%) |
| Vacant Housing Units | 247 (23.5%) |
| Median Home Value | $405,385 |
| Average Home Value | $511,324 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
320
Multi-Family
25
Businesses
113
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