303 NE 2nd StEnterpriseOR97828
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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 Enterprise at 303 NE 2nd St, Enterprise, OR, 97828 offers a 5.17% rental yield on a $390,000 purchase with $1,680/mo rent. 65% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 69.09% and total cumulative return in cash at $89,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97828, Enterprise, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,859 (100%) |
| Owner Occupied HU | 1,215 (65.4%) |
| Renter Occupied HU | 431 (23.2%) |
| Vacant Housing Units | 213 (11.5%) |
| Median Home Value | $449,272 |
| Average Home Value | $552,889 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,492
Multi-Family
8
Businesses
311
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Listed by: Ken Wick • Real Estate Associates
Mls Name: RMLS (OR)
Mls ID: #22335537