513 SW 15th StPendletonOR97801
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 513 SW 15th St, Pendleton, OR, 97801 in Pendleton is narrow, $54/mo net on $1,382/mo rent after the $989/mo debt service, but the property operates at break-even-plus, not a loss. At $219,999 with a 7.54% yield, the long-run equity case via 5% appreciation ($60,782 over five years) and $2,026/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.40 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $86,762.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $54 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,382 |
| Total Monthly Debt Service | $1,240 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97801, Pendleton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,341 (100%) |
| Owner Occupied HU | 5,083 (54.4%) |
| Renter Occupied HU | 3,373 (36.1%) |
| Vacant Housing Units | 885 ( 9.5%) |
| Median Home Value | $337,168 |
| Average Home Value | $384,173 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
8,015
Multi-Family
470
Businesses
1,006
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
Single Family
Built in 1910
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97801, Pendleton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,341 (100%) |
| Owner Occupied HU | 5,083 (54.4%) |
| Renter Occupied HU | 3,373 (36.1%) |
| Vacant Housing Units | 885 ( 9.5%) |
| Median Home Value | $337,168 |
| Average Home Value | $384,173 |
Housing Distribution
Address Breakdown
Residential
8,485
Single Family
8,015
Multi-Family
470
Businesses
1,006
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices