607 SW Court AvePendletonOR97801
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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 Pendleton at 607 SW Court Ave, Pendleton, OR, 97801 priced at $310,000 pairs $1,297/mo rent with after a $1,517/mo payment. Total monthly income equals $1,297/mo. Return on cash invested is 13.21% in year one, and rental yield stands at 5.02% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 66.73% and total cumulative return in cash reaches $68,575. For financing, Ziffy Mortgage’s DSCR program evaluates $1,297/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1916
3,920 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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