415 E Cannon DrHeppnerOR97836
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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
Rental property for sale in Heppner at 415 E Cannon Dr, Heppner, OR, 97836 generates $1,200/mo in rent, after a $1,052/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 18.27% in year one, and rental yield is 6.7% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 93.85% and total cumulative return in cash sums $66,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97836, Heppner, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,051 (100%) |
| Owner Occupied HU | 561 (53.4%) |
| Renter Occupied HU | 243 (23.1%) |
| Vacant Housing Units | 247 (23.5%) |
| Median Home Value | $405,385 |
| Average Home Value | $511,324 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
320
Multi-Family
25
Businesses
113
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