345 NE Knickerbocker AveRedmondOR97756
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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 Redmond at 345 NE Knickerbocker Ave, Redmond, OR, 97756 at $1,449,000 posts ROI 8.95% with from $4,277/mo rent. Total monthly income equals $4,277/mo. Return on cash invested measures 8.95% and rental yield reads 3.54% at the current $1,449,000. Equity gained on principal adds $9,350/yr, and 5% annual appreciation supports $400,332 by year five. Five-year ROI prints 43.75% and total cumulative return in cash totals $205,399. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,277/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
5.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97756, Redmond, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,453 (100%) |
| Owner Occupied HU | 13,066 (63.9%) |
| Renter Occupied HU | 5,679 (27.8%) |
| Vacant Housing Units | 1,708 ( 8.4%) |
| Median Home Value | $600,230 |
| Average Home Value | $644,605 |
Housing Distribution
Address Breakdown
Residential
19,431
Single Family
18,710
Multi-Family
721
Businesses
1,680
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Listed by: N/A • Coldwell Banker Bain
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220184560
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