606 SW Mildred AveEnterpriseOR97828
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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 Enterprise at 606 SW Mildred Ave, Enterprise, OR, 97828 generates $1,680/mo in rent, after a $1,591/mo payment. Total monthly income is $1,680/mo. Return on cash invested sits at 16.77% in year one, and rental yield is 6.2% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 85.8% and total cumulative return in cash sums $92,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
6,969 sqft 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: Adam Saxton • Homestead Co.
Mls Name: RMLS (OR)
Mls ID: #284174881