273 Renee AveUmatillaOR97882
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 Umatilla at 273 Renee Ave, Umatilla, OR, 97882 offers $1,906/mo rent that, after a $1,586/mo payment. Total monthly income is $1,906/mo. Return on cash invested measures 19.35% in year one, and rental yield stands at 7.06% at a $324,000 entry. Equity gained on principal adds $2,091/yr while 5% annual appreciation compounds into $89,515 by year five. Five-year ROI records 99.69% and total cumulative return in cash reaches $107,075. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,906/mo property income versus a $1,586/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97882, Umatilla, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,421 (100%) |
| Owner Occupied HU | 1,472 (60.8%) |
| Renter Occupied HU | 850 (35.1%) |
| Vacant Housing Units | 99 ( 4.1%) |
| Median Home Value | $250,439 |
| Average Home Value | $309,156 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,399
Multi-Family
1
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices