340 NE 7th StIrrigonOR97844
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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 Irrigon at 340 NE 7th St, Irrigon, OR, 97844 earns from $1,343/mo rent with a $1,659/mo payment. Total monthly income totals $1,343/mo. ROI tracks 12.4% on current figures, and rental yield reads 4.75% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 62.38% and total cumulative return in cash sums $70,096. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,343/mo property income instead of your personal income.
Manufactured
Built in 2019
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97844, Irrigon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 1,053 (74.3%) |
| Renter Occupied HU | 285 (20.1%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $218,457 |
| Average Home Value | $242,642 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,237
Multi-Family
2
Businesses
70
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