60343 Hiawatha LnBendOR97702
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 60343 Hiawatha Ln, Bend, OR, 97702 in Bend. At $538,500 it earns $3,730/mo in rent and distributes $479/mo to the owner after the $2,421/mo payment, a consistent 8.31% yield. DSCR 1.54 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $148,778 in value; $4,960/yr in principal paydown compounds ownership stake. Total projected return: $234,765.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.8% |
| Monthly Cash Flow | $479 | $1,850 |
City averages based on Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,730 |
| Total Monthly Debt Service | $3,036 |
| DSCR Ratio | 1.23x |
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 1980
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97702, Bend, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,763 (100%) |
| Owner Occupied HU | 16,588 (67.0%) |
| Renter Occupied HU | 5,996 (24.2%) |
| Vacant Housing Units | 2,179 ( 8.8%) |
| Median Home Value | $713,147 |
| Average Home Value | $816,349 |
Housing Distribution
Address Breakdown
Residential
23,196
Single Family
21,641
Multi-Family
1,555
Businesses
1,725
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 1980
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97702, Bend, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,763 (100%) |
| Owner Occupied HU | 16,588 (67.0%) |
| Renter Occupied HU | 5,996 (24.2%) |
| Vacant Housing Units | 2,179 ( 8.8%) |
| Median Home Value | $713,147 |
| Average Home Value | $816,349 |
Housing Distribution
Address Breakdown
Residential
23,196
Single Family
21,641
Multi-Family
1,555
Businesses
1,725
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices