3385 Kirkway DrBaker CityOR97814
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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
Rental property for sale in Baker City at 3385 Kirkway Dr, Baker City, OR, 97814 generates $1,942/mo in rent and, after a $1,150/mo payment, leaves $524/mo in cash flow. Total monthly income is $1,942/mo, and annual cash flow is $6,285/yr on $77,903 invested. Return on cash invested sits at 27.98% in year one, and rental yield is 9.92% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 145.9% and total cumulative return in cash sums $113,656. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,942/mo property income rather than buyer’s personal income.
Manufactured
Built in 1975
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97814, Baker City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,071 (100%) |
| Owner Occupied HU | 3,858 (63.5%) |
| Renter Occupied HU | 1,703 (28.1%) |
| Vacant Housing Units | 510 ( 8.4%) |
| Median Home Value | $330,541 |
| Average Home Value | $398,513 |
Housing Distribution
Address Breakdown
Residential
5,545
Single Family
5,278
Multi-Family
267
Businesses
637
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Listed by: Jeff Anderson • Keller Williams Four Rivers LLC
Mls Name: RMLS (OR)
Mls ID: #758776906