








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Sheridan at 426 NE Hill St, Sheridan, OR, 97378 with 5% annual appreciation on a $375,000 basis while $2,490/mo rent supports operations. Total monthly income totals $2,490/mo and a $1,835/mo payment preserves $227/mo for cash returns. Annual cash flow comes to $2,722/yr on $124,313 deployed, and return on cash invested reaches 22.1% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 7.97%. Five-year ROI measures 114.37% and total cumulative return in cash totals $142,179.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,490/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,913 (64.3%) |
| Renter Occupied HU | 917 (30.8%) |
| Vacant Housing Units | 147 ( 4.9%) |
| Median Home Value | $395,612 |
| Average Home Value | $482,628 |
Residential
2,652
Single Family
2,545
Multi-Family
107
Businesses
167
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $375,000 |
| 2021-04-09 | Sold | $305,000 |
| 2021-02-23 | Pending sale | $277,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-09 | $2093.36 | 2.86% | $163,229 | 3.00% |
| 2022-06-09 | $2035.22 | -11.66% | $158,475 | 3.00% |
| 2021-06-09 | $2303.84 | 3.50% | $153,859 | 3.00% |



Listed by: CHAD HARVEY • Harvey Realty Group Inc
Mls Name: WVMLS
Mls Provider:
Mls ID: #829839
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.