460 E Sunset DrHermistonOR97838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hermiston at 460 E Sunset Dr, Hermiston, OR, 97838 generates $1,920/mo in rent and, after a $1,331/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $3,342/yr on $90,168 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 8.47% on a $272,000 entry. Equity gained on principal adds $1,755/yr, while 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 122.54% and total cumulative return in cash sums $110,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97838, Hermiston, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,533 (100%) |
| Owner Occupied HU | 6,429 (61.0%) |
| Renter Occupied HU | 3,658 (34.7%) |
| Vacant Housing Units | 446 ( 4.2%) |
| Median Home Value | $338,610 |
| Average Home Value | $369,001 |
Housing Distribution
Address Breakdown
Residential
10,383
Single Family
10,028
Multi-Family
355
Businesses
1,001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices