602 Frankton RdHood RiverOR97031
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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
Rental property for sale in Hood River at 602 Frankton Rd, Hood River, OR, 97031 priced at $679,000 pairs $3,344/mo rent with after a $3,323/mo payment. Total monthly income equals $3,344/mo. Return on cash invested is 16.01% in year one, and rental yield stands at 5.91% on a $679,000 basis. Equity gained on principal adds $4,381/yr, and 5% annual appreciation accumulates to $187,595 by year five. Five-year ROI measures 81.69% and total cumulative return in cash reaches $182,483. For financing, Ziffy Mortgage’s DSCR program evaluates $3,344/mo property income against a $3,323/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97031, Hood River, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,372 (100%) |
| Owner Occupied HU | 5,018 (59.9%) |
| Renter Occupied HU | 2,519 (30.1%) |
| Vacant Housing Units | 835 ( 10.0%) |
| Median Home Value | $694,266 |
| Average Home Value | $736,737 |
Housing Distribution
Address Breakdown
Residential
7,848
Single Family
7,434
Multi-Family
414
Businesses
1,157
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Listed by: Heather Wright • Keller Williams Realty Central Oregon
Mls Name: RMLS (OR)
Mls ID: #197308201