610 E Fulton StUnionOR97883
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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 Union at 610 E Fulton St, Union, OR, 97883 uses $76,245 cash to close to unlock $617/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $1,126/mo payment keeps the spread at $51/mo. Purchase price stands at $230,000, and rental yield measures 7.51% with $1,440/mo rent. Return on cash invested shows 20.72% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 107.02% and total cumulative return in cash records $81,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97883, Union, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 846 (70.5%) |
| Renter Occupied HU | 254 (21.2%) |
| Vacant Housing Units | 100 ( 8.3%) |
| Median Home Value | $307,071 |
| Average Home Value | $393,806 |
Housing Distribution
Address Breakdown
Residential
666
Single Family
664
Multi-Family
2
Businesses
60
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