606 SW 2nd StPendletonOR97801
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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 Pendleton at 606 SW 2nd St, Pendleton, OR, 97801 listed at $204,999 pairs $1,817/mo rent with a $1,003/mo payment to leave $580/mo cash flow. Total monthly income runs $1,817/mo, and annual cash flow reaches $6,960/yr on $67,957 cash to close. Return on cash invested measures 30.15% in year one, and rental yield registers 10.64% at a $204,999 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,637 by year five. Five-year ROI tracks 157.55% and total cumulative return in cash totals $107,069. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,817/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1916
2,613 sqft 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
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