341 SW Madison St, Sheridan, OR, 97378 | $170/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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341 SW Madison St, Sheridan, OR, 97378 | $170/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sheridan at 341 SW Madison St, Sheridan, OR, 97378 offers $1,694/mo rent that, after a $1,236/mo payment, leaves $170/mo cash flow. Total monthly income is $1,694/mo, and annual cash flow is $2,037/yr on $83,704 cash. Return on cash invested measures 22.34% in year one, and rental yield stands at 8.05% at a $252,500 entry. Equity gained on principal adds $1,629/yr while 5% annual appreciation compounds into $69,761 by year five. Five-year ROI records 115.7% and total cumulative return in cash reaches $96,843. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,694/mo property income versus a $1,236/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

4,700 sqft lot

$N/A/sqft

No HOA

More details about the property

Room for everyone. 1496 sf on main level. 384 finished basement area. The finished basement consisting of shop area and 4th bedroom with full bath. Home needing some TLC and price reflects the condition. Huge primary bedroom. Exit door to deck from primary bedroom. Great for investor or end user. Cash, Rehab, or Hard Money only.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,977 (100%)
Owner Occupied HU	1,913 (64.3%)
Renter Occupied HU	917 (30.8%)
Vacant Housing Units	147 ( 4.9%)
Median Home Value	$395,612
Average Home Value	$482,628