3196 Midway RdHood RiverOR97031
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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 Hood River at 3196 Midway Rd, Hood River, OR, 97031 earns from $3,371/mo rent with a $2,839/mo payment. Total monthly income totals $3,371/mo. ROI tracks 19.24% on current figures, and rental yield reads 6.97% at a $580,000 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 99.02% and total cumulative return in cash sums $188,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,371/mo property income instead of your personal income.
Single Family
Built in 1999
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97031, Hood River, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,372 (100%) |
| Owner Occupied HU | 5,018 (59.9%) |
| Renter Occupied HU | 2,519 (30.1%) |
| Vacant Housing Units | 835 ( 10.0%) |
| Median Home Value | $694,266 |
| Average Home Value | $736,737 |
Housing Distribution
Address Breakdown
Residential
7,848
Single Family
7,434
Multi-Family
414
Businesses
1,157
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Listed by: Ashley Nunamaker Bello • Don Nunamaker
Mls Name: RMLS (OR)
Mls ID: #312708693