515 W Main StEnterpriseOR97828
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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
Investment Highlights
Investment property for sale in Enterprise at 515 W Main St, Enterprise, OR, 97828 with 5% annual appreciation on a $269,000 basis while $1,680/mo rent supports operations. Total monthly income totals $1,680/mo and a $1,317/mo payment preserves $56/mo for cash returns. Annual cash flow comes to $671/yr on $89,174 deployed, and return on cash invested reaches 20.66% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 7.49%. Five-year ROI measures 106.69% and total cumulative return in cash totals $95,135.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,680/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97828, Enterprise, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,859 (100%) |
| Owner Occupied HU | 1,215 (65.4%) |
| Renter Occupied HU | 431 (23.2%) |
| Vacant Housing Units | 213 (11.5%) |
| Median Home Value | $449,272 |
| Average Home Value | $552,889 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,492
Multi-Family
8
Businesses
311
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Listed by: Larrena Overton • Wallowa Mountain Properties
Mls Name: RMLS (OR)
Mls ID: #272730642