375 N 6th StHarrisburgOR97446
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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 Harrisburg at 375 N 6th St, Harrisburg, OR, 97446 listed at $480,000 pairs $2,933/mo rent with a $2,349/mo payment to leave $36/mo cash flow. Total monthly income runs $2,933/mo, and annual cash flow reaches $432/yr on $159,120 cash to close. Return on cash invested measures 20.18% in year one, and rental yield registers 7.33% at a $480,000 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,615 by year five. Five-year ROI tracks 104.09% and total cumulative return in cash totals $165,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,933/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97446, Harrisburg, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,995 (100%) |
| Owner Occupied HU | 1,465 (73.4%) |
| Renter Occupied HU | 462 (23.2%) |
| Vacant Housing Units | 68 ( 3.4%) |
| Median Home Value | $429,966 |
| Average Home Value | $472,604 |
Housing Distribution
Address Breakdown
Residential
1,763
Single Family
1,761
Multi-Family
2
Businesses
135
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Listed by: MALINDA CHOITZ • Keller Williams Realty Mid Willamette
Mls Name: WVMLS
Mls ID: #835627