415 NE 40th StPendletonOR97801
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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 Pendleton at 415 NE 40th St, Pendleton, OR, 97801 generates $1,740/mo in rent, after a $1,855/mo payment. Total monthly income is $1,740/mo. Return on cash invested sits at 14.68% in year one, and rental yield is 5.51% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 74.61% and total cumulative return in cash sums $93,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97801, Pendleton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,341 (100%) |
| Owner Occupied HU | 5,083 (54.4%) |
| Renter Occupied HU | 3,373 (36.1%) |
| Vacant Housing Units | 885 ( 9.5%) |
| Median Home Value | $337,168 |
| Average Home Value | $384,173 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
8,015
Multi-Family
470
Businesses
1,006
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