260 S Main StFalls CityOR97344
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder260 S Main St, Falls City, OR, 97344 in Falls City earns a respectable 7.27% gross yield at $490,000, but after the $2,203/mo mortgage the net cash flow is $11/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.35) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $135,378 over five years, making equity the dominant return driver. Total projected return: $186,235.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.2% |
| Monthly Cash Flow | $11 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,969 |
| Total Monthly Debt Service | $2,763 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97344, Falls City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 387 (76.5%) |
| Renter Occupied HU | 86 (17.0%) |
| Vacant Housing Units | 33 ( 6.5%) |
| Median Home Value | $537,775 |
| Average Home Value | $536,912 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
456
Multi-Family
3
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1995
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97344, Falls City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 387 (76.5%) |
| Renter Occupied HU | 86 (17.0%) |
| Vacant Housing Units | 33 ( 6.5%) |
| Median Home Value | $537,775 |
| Average Home Value | $536,912 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
456
Multi-Family
3
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TIMOTHY ENGLISH • Keller Williams Capital City - Dallas
Mls Name: WVMLS
Mls ID: #836813