587 E Union St, Jefferson, OR, 97352 | $179/mo Cash Flow

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587 E Union St, Jefferson, OR, 97352 | $179/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jefferson at 587 E Union St, Jefferson, OR, 97352 with 5% annual appreciation on a $389,000 basis while $2,527/mo rent supports operations. Total monthly income totals $2,527/mo and a $1,904/mo payment preserves $179/mo for cash returns. Annual cash flow comes to $2,147/yr on $128,954 deployed, and return on cash invested reaches 21.57% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 7.8%. Five-year ROI measures 111.56% and total cumulative return in cash totals $143,862.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,527/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1972

7,910 sqft lot

$N/A/sqft

No HOA

More details about the property

Newley updated 4 bedroom 1.5 bath. New paint inside and out, new kitchen cabinets, complete bathroom update, all new doors and trim, flooring, new garage doors and heat pump. Large outbuilding for storage and street access. Room for RV. A must see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97352, Jefferson, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,357 (100%)
Owner Occupied HU	1,880 (79.8%)
Renter Occupied HU	404 (17.1%)
Vacant Housing Units	73 ( 3.1%)
Median Home Value	$494,264
Average Home Value	$593,086