3450 Shoestring Rd, Riddle, OR, 97469 | 3.41% Rental Yield

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

Total monthly income runs $1,620/mo, and a $2,790/mo payment. Purchase price stands at $570,000, and rental yield measures 3.41% with $1,620/mo rent. Return on cash invested shows 8.41% in year one, and 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 40.95% and total cumulative return in cash records $76,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $2,790/mo payment rather than investor’s personal income.

Single Family

Built in 1945

3.10 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 97469, Riddle, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,159 (100%)
Owner Occupied HU	807 (69.6%)
Renter Occupied HU	276 (23.8%)
Vacant Housing Units	76 ( 6.6%)
Median Home Value	$285,417
Average Home Value	$322,367