261 SW 2nd StPilot RockOR97868
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 261 SW 2nd St, Pilot Rock, OR, 97868 in Pilot Rock earns a 8.56% gross yield at $249,000. Rent of $1,776/mo nets $273/mo after the $1,120/mo mortgage. The 1.59 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $68,794 and $2,293/yr in equity accumulation project a total cumulative return of $111,801.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $273 | $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 | $1,776 |
| Total Monthly Debt Service | $1,404 |
| DSCR Ratio | 1.27x |
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 1933
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97868, Pilot Rock, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 944 (100%) |
| Owner Occupied HU | 599 (63.5%) |
| Renter Occupied HU | 195 (20.7%) |
| Vacant Housing Units | 150 (15.9%) |
| Median Home Value | $184,688 |
| Average Home Value | $266,736 |
Housing Distribution
Address Breakdown
Residential
229
Single Family
228
Multi-Family
1
Businesses
47
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 1933
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97868, Pilot Rock, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 944 (100%) |
| Owner Occupied HU | 599 (63.5%) |
| Renter Occupied HU | 195 (20.7%) |
| Vacant Housing Units | 150 (15.9%) |
| Median Home Value | $184,688 |
| Average Home Value | $266,736 |
Housing Distribution
Address Breakdown
Residential
229
Single Family
228
Multi-Family
1
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Vogler • Realty First
Mls Name: RMLS (OR)
Mls ID: #193708684