407 22nd St, Hood River, OR, 97031 | 6.32% Rental Yield

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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 $3,360/mo, and a $3,123/mo payment. Purchase price stands at $638,000, and rental yield measures 6.32% with $3,360/mo rent. Return on cash invested shows 17.25% in year one, and 5% annual appreciation builds toward $176,268 over five years. Five-year ROI reaches 88.36% and total cumulative return in cash records $185,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $3,123/mo payment rather than investor’s personal income.

Single Family

Built in 1973

9,583 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 97031, Hood River, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,372 (100%)
Owner Occupied HU	5,018 (59.9%)
Renter Occupied HU	2,519 (30.1%)
Vacant Housing Units	835 ( 10.0%)
Median Home Value	$694,266
Average Home Value	$736,737