502 S East StJosephOR97846
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 Joseph at 502 S East St, Joseph, OR, 97846 priced at $272,000 pairs $1,177/mo rent with after a $1,331/mo payment. Total monthly income equals $1,177/mo. Return on cash invested is 13.73% in year one, and rental yield stands at 5.19% on a $272,000 basis. Equity gained on principal adds $1,755/yr, and 5% annual appreciation accumulates to $75,149 by year five. Five-year ROI measures 69.52% and total cumulative return in cash reaches $62,681. For financing, Ziffy Mortgage’s DSCR program evaluates $1,177/mo property income against a $1,331/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1977
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97846, Joseph, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 715 (48.5%) |
| Renter Occupied HU | 237 (16.1%) |
| Vacant Housing Units | 523 (35.5%) |
| Median Home Value | $408,456 |
| Average Home Value | $500,727 |
Housing Distribution
Address Breakdown
Residential
530
Single Family
529
Multi-Family
1
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices