355 N 1st 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 355 N 1st St, Irrigon, OR, 97844 listed at $289,900 pairs $2,130/mo rent with a $1,419/mo payment to leave $380/mo cash flow. Total monthly income runs $2,130/mo, and annual cash flow reaches $4,560/yr on $96,102 cash to close. Return on cash invested measures 24.65% in year one, and rental yield registers 8.82% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 128.15% and total cumulative return in cash totals $123,153. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,130/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1992
0.41 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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