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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North Powder at 300 2nd St, North Powder, OR, 97867 offers $0/mo rent that, after a $489/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.92% in year one, and rental yield stands at 0% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97867, North Powder, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 225 (67.0%) |
| Renter Occupied HU | 77 (22.9%) |
| Vacant Housing Units | 34 (10.1%) |
| Median Home Value | $162,500 |
| Average Home Value | $317,456 |
Residential
118
Single Family
118
Multi-Family
0
Businesses
19
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for sale | $100,000 |
| 2024-08-17 | Listing removed | N/A |
| 2024-03-25 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-20 | $672.66 | 2.89% | $43,660 | 2.98% |
| 2022-03-20 | $653.79 | 2.84% | $42,397 | 3.00% |
| 2021-03-20 | $635.72 | 2.89% | $41,163 | 3.00% |
No similar rental properties found nearby.
Listed by: Holly Walker • RE/MAX Real Estate Team
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #23368656
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-03-20 11:50:39 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
