445 NE 7th St, Irrigon, OR, 97844 | 3.89% Rental Yield

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Price: $300K - 500K

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445 NE 7th St, Irrigon, OR, 97844 | 3.89% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Irrigon at 445 NE 7th St, Irrigon, OR, 97844 offers a 3.89% rental yield on a $657,000 purchase with $2,130/mo rent. 87% in year one. Equity gained on principal adds $4,240/yr while 5% annual appreciation supports $181,517 over five years. Portfolio math shows five-year ROI at 48.76% and total cumulative return in cash at $105,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,130/mo property income against a $3,216/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious 5-bedroom, 3-bathroom home just steps from Irrigon Park and the Columbia River. This property offers generous living areas, oversized bedrooms, and excellent natural light throughout. The kitchen features a commercial-grade stainless steel gas cooktop, full backsplash, and a powerful professional hoodperfect for anyone who loves to cook. The primary suite includes a large walk-in closet, a beautifully finished bathroom, and stunning river views. Additional bedrooms are spacious and flexible for guests, offices, or multigenerational living. Outside, enjoy a peaceful setting with a deck overlooking the Columbia River, plus a backyard with apple and peach trees. The yard provides great space for relaxing, gardening, or entertaining. With quick access to water recreation, parks, and community amenities, this is a rare opportunity in a desirable location. Call today to schedule your private tour!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97844, Irrigon, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,418 (100%)
Owner Occupied HU	1,053 (74.3%)
Renter Occupied HU	285 (20.1%)
Vacant Housing Units	80 ( 5.6%)
Median Home Value	$218,457
Average Home Value	$242,642