2723 2nd StBaker CityOR97814
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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
Investment property for sale in Baker City at 2723 2nd St, Baker City, OR, 97814 offers a 9.11% rental yield on a $175,000 purchase with $1,329/mo rent. Total monthly income registers $1,329/mo, and a $857/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,267/yr on $58,013 to close, and return on cash invested stands at 25.54% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 132.91% and total cumulative return in cash at $77,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,329/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97814, Baker City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,071 (100%) |
| Owner Occupied HU | 3,858 (63.5%) |
| Renter Occupied HU | 1,703 (28.1%) |
| Vacant Housing Units | 510 ( 8.4%) |
| Median Home Value | $330,541 |
| Average Home Value | $398,513 |
Housing Distribution
Address Breakdown
Residential
5,545
Single Family
5,278
Multi-Family
267
Businesses
637
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Listed by: Karla Smith • The Grove Team, Ltd.
Mls Name: RMLS (OR)
Mls ID: #519417337