26240 Cherry Creek RdMonroeOR97456
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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
Rental property for sale in Monroe at 26240 Cherry Creek Rd, Monroe, OR, 97456 generates $2,954/mo in rent, after a $3,549/mo payment. Total monthly income is $2,954/mo. Return on cash invested sits at 12.9% in year one, and rental yield is 4.89% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 65.04% and total cumulative return in cash sums $155,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,954/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
5.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97456, Monroe, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,328 (100%) |
| Owner Occupied HU | 960 (72.3%) |
| Renter Occupied HU | 286 (21.5%) |
| Vacant Housing Units | 82 ( 6.2%) |
| Median Home Value | $590,826 |
| Average Home Value | $619,727 |
Housing Distribution
Address Breakdown
Residential
1,142
Single Family
1,139
Multi-Family
3
Businesses
88
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