515 SE 4th StPendletonOR97801
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
Investment property for sale in Pendleton at 515 SE 4th St, Pendleton, OR, 97801 offers a 9.05% rental yield on a $199,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $974/mo payment leaves $299/mo available for distribution. Annual cash flow reaches $3,586/yr on $65,969 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 131.78% and total cumulative return in cash at $86,934. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
N/A 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