2420 NW Helmholtz WayRedmondOR97756
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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 Redmond at 2420 NW Helmholtz Way, Redmond, OR, 97756 listed at $799,900 pairs $3,100/mo rent with a $3,915/mo payment. Total monthly income runs $3,100/mo. Return on cash invested measures 12.18% in year one, and rental yield registers 4.65% at a $799,900 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $220,998 by year five. Five-year ROI tracks 61.15% and total cumulative return in cash totals $160,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,100/mo property income relative to a $3,915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
4.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97756, Redmond, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,453 (100%) |
| Owner Occupied HU | 13,066 (63.9%) |
| Renter Occupied HU | 5,679 (27.8%) |
| Vacant Housing Units | 1,708 ( 8.4%) |
| Median Home Value | $600,230 |
| Average Home Value | $644,605 |
Housing Distribution
Address Breakdown
Residential
19,431
Single Family
18,710
Multi-Family
721
Businesses
1,680
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