261 SW 2nd StPilot RockOR97868
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
Investment Highlights
Rental property for sale in Pilot Rock at 261 SW 2nd St, Pilot Rock, OR, 97868 generates $1,908/mo in rent and, after a $1,317/mo payment, leaves $284/mo in cash flow. Total monthly income is $1,908/mo, and annual cash flow is $3,407/yr on $89,174 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 8.51% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 123.12% and total cumulative return in cash sums $109,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,908/mo property income rather than buyer’s personal income.
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