3391 Avalon DrHood 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
Rental property for sale in Hood River at 3391 Avalon Dr, Hood River, OR, 97031 priced at $799,000 converts $1,862/mo rent into after a $3,911/mo obligation. Total monthly income equals $1,862/mo. Return on cash invested prints 6.54% in year one, and rental yield reads 2.8% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 30.93% and total cumulative return in cash sums $81,294. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,862/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Multi Family
Built in 1969
1.31 Acres 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: Douglas Archbald • RE/MAX River City
Mls Name: RMLS (OR)
Mls ID: #509302160