276 Merrick AveUmatillaOR97882
INVESTMENT ANALYSIS
Investment Verdict
Solid Income276 Merrick Ave, Umatilla, OR, 97882 in Umatilla is a solid income-producing rental, 8.63% gross yield, $1,906/mo rent, $307/mo net cash flow on a $264,900 buy. DSCR 1.60 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $73,187 and $2,440/yr in principal reduction project a total cumulative return of $120,058.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $307 | $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 | $1,906 |
| Total Monthly Debt Service | $1,494 |
| DSCR Ratio | 1.28x |
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.
Townhouse
Built in 2025
3,484 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
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
Townhouse
Built in 2025
3,484 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