300 Grandy AveLa GrandeOR97850
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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 La Grande at 300 Grandy Ave, La Grande, OR, 97850 with 5% annual appreciation on a $315,000 basis while $1,936/mo rent supports operations. Total monthly income totals $1,936/mo and a $1,542/mo payment preserves $34/mo for cash returns. Annual cash flow comes to $412/yr on $104,423 deployed, and return on cash invested reaches 20.3% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 7.38%. Five-year ROI measures 104.79% and total cumulative return in cash totals $109,421.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,936/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97850, La Grande, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,723 (100%) |
| Owner Occupied HU | 4,367 (56.5%) |
| Renter Occupied HU | 2,826 (36.6%) |
| Vacant Housing Units | 530 ( 6.9%) |
| Median Home Value | $348,973 |
| Average Home Value | $368,307 |
Housing Distribution
Address Breakdown
Residential
7,493
Single Family
6,703
Multi-Family
790
Businesses
951
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