276 Merrick 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
Investment property for sale in Umatilla at 276 Merrick Ave, Umatilla, OR, 97882 with 5% annual appreciation on a $264,900 basis while $1,906/mo rent supports operations. Total monthly income totals $1,906/mo and a $1,297/mo payment preserves $307/mo for cash returns. Annual cash flow comes to $3,679/yr on $87,814 deployed, and return on cash invested reaches 24.1% in year one. Equity gained on principal adds $1,709/yr, and five-year appreciation sums $73,187 alongside rental yield of 8.63%. Five-year ROI measures 125.13% and total cumulative return in cash totals $109,880.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,906/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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