240 NW Sagan Loop, Sheridan, OR, 97378 | $196/mo Cash Flow

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240 NW Sagan Loop, Sheridan, OR, 97378 | $196/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sheridan at 240 NW Sagan Loop, Sheridan, OR, 97378 listed at $380,000 pairs $2,490/mo rent with a $1,860/mo payment to leave $196/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $2,354/yr on $125,970 cash to close. Return on cash invested measures 21.78% in year one, and rental yield registers 7.86% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 112.68% and total cumulative return in cash totals $141,949. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2007

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this 3-bedroom home nestled in a desirable Sheridan neighborhood. Built in 2007, 1216 sq ft one level home offers a perfect blend of comfort and convenience. Step inside to an open concept living/dining room, and kitchen/dining room conveniently located, all stainless steel appliances are included. The Lg primary suite boasts a private ensuite bath, with custom tile shower, while two additional bedrooms provide plenty of space for family, guests or a home office. Attached 2 car garage is extra wide for storage or extra space. Enjoy the low traffic of a loop street and proximity to local parks, schools this home is a must see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,977 (100%)
Owner Occupied HU	1,913 (64.3%)
Renter Occupied HU	917 (30.8%)
Vacant Housing Units	147 ( 4.9%)
Median Home Value	$395,612
Average Home Value	$482,628