43171 Summit Creek RdRichlandOR97870
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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 Richland at 43171 Summit Creek Rd, Richland, OR, 97870 offers a 8.08% rental yield on a $319,900 purchase with $2,154/mo rent. Total monthly income registers $2,154/mo, and a $1,566/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,673/yr on $106,047 to close, and return on cash invested stands at 22.43% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 116.15% and total cumulative return in cash at $123,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,154/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97870, Richland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 205 (47.9%) |
| Renter Occupied HU | 71 (16.6%) |
| Vacant Housing Units | 152 (35.5%) |
| Median Home Value | $379,412 |
| Average Home Value | $478,500 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
24
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Listed by: Ashley O'Neal • Baker City Realty, Inc.
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24119919
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-21 10:54:04 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.