302 S Alder StWallowaOR97885
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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 Wallowa at 302 S Alder St, Wallowa, OR, 97885 listed at $335,000 pairs $1,200/mo rent with a $1,640/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures 11.02% in year one, and rental yield registers 4.3% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 54.99% and total cumulative return in cash totals $61,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97885, Wallowa, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 778 (100%) |
| Owner Occupied HU | 529 (68.0%) |
| Renter Occupied HU | 161 (20.7%) |
| Vacant Housing Units | 88 (11.3%) |
| Median Home Value | $476,984 |
| Average Home Value | $587,117 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
31
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