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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hermiston at 29495 Knight Road, Hermiston, OR, 97838 earns from $3,192/mo rent with a $4,009/mo payment. Total monthly income totals $3,192/mo. ROI tracks 11.99% on current figures, and rental yield reads 4.68% at a $819,000 purchase. Equity gained on principal adds $5,285/yr, and 5% annual appreciation supports $226,275 over five years. Five-year ROI reaches 60.23% and total cumulative return in cash sums $162,297. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,192/mo property income instead of your personal income.
Single Family
Built in 1975
4.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97838, Hermiston, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,533 (100%) |
| Owner Occupied HU | 6,429 (61.0%) |
| Renter Occupied HU | 3,658 (34.7%) |
| Vacant Housing Units | 446 ( 4.2%) |
| Median Home Value | $338,610 |
| Average Home Value | $369,001 |
Residential
10,383
Single Family
10,028
Multi-Family
355
Businesses
1,001
Date | Event | Price |
|---|---|---|
| 2024-09-03 | Price change | $819,000 |
| 2024-07-24 | Listed for sale | $835,000 |
| 2020-04-02 | Sold | $700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-21 | $8666.47 | 2.32% | $558,460 | 3.00% |
| 2021-10-21 | $8469.66 | 3.86% | $542,200 | 3.00% |
| 2020-10-21 | $8154.93 | 2.73% | $526,410 | 3.00% |
Listed by: David Smith • Land and Wildlife LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2270451
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
