416 N 2nd StNyssaOR97913
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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 Nyssa at 416 N 2nd St, Nyssa, OR, 97913 uses $46,079 cash to close to unlock $2,728/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $1,066/mo, and a $680/mo payment keeps the spread at $227/mo. Purchase price stands at $139,000, and rental yield measures 9.2% with $1,066/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 134.45% and total cumulative return in cash records $61,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,066/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97913, Nyssa, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,217 (60.8%) |
| Renter Occupied HU | 616 (30.8%) |
| Vacant Housing Units | 168 ( 8.4%) |
| Median Home Value | $212,847 |
| Average Home Value | $420,345 |
Housing Distribution
Address Breakdown
Residential
1,901
Single Family
1,868
Multi-Family
33
Businesses
151
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