24951 E Hemlock Dr, Rhododendron, OR, 97049 | $256/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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24951 E Hemlock Dr, Rhododendron, OR, 97049 | $256/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 Rhododendron at 24951 E Hemlock Dr, Rhododendron, OR, 97049 earns $256/mo cash flow from $2,519/mo rent with a $1,835/mo payment. Total monthly income totals $2,519/mo, and annual cash flow totals $3,070/yr on $124,313 capital. ROI tracks 22.38% on current figures, and rental yield reads 8.06% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 115.88% and total cumulative return in cash sums $144,051. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,519/mo property income instead of your personal income.

Single Family

Built in 1932

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked away at the end of a quiet lane in Mount Hood Woodland Park, this cozy cabin offers the ideal blend of comfort, rustic character, and convenience. Situated on approximately a third of an acrewith an additional smaller vacant lot included (see photo)youll enjoy extra space and privacy in a beautiful wooded setting. Inside, large exposed beams and vaulted ceilings create a warm, open atmosphere that perfectly complements the natural setting. The spacious living area features a floor to ceiling stone wall surrounding the wood stove, and adjacent dining area. The main level also includes a large bedroom, and a kitchen fully equipped with modern conveniences, including a range, built-in dishwasher, and generous cabinet space. A spacious loft adds extra square footage and provides tranquil views of the surrounding forest. Step outside to a beautiful deck overlooking a seasonal creekan ideal spot for relaxing after a day of outdoor adventures! Two outbuildings provide extra space for storage, a workshop, or gear. With hiking trails right outside your door and skiing just 15 minutes away, this is a true outdoor lovers paradise!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97049, Rhododendron, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,478 (100%)
Owner Occupied HU	687 (46.5%)
Renter Occupied HU	122 ( 8.3%)
Vacant Housing Units	669 (45.3%)
Median Home Value	$580,529
Average Home Value	$604,738