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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Sheridan at 611 NE Bockes Loop, Sheridan, OR, 97378 priced at $460,000 pairs $2,836/mo rent with $60/mo cash flow after a $2,251/mo payment. Total monthly income equals $2,836/mo, and annual cash flow comes to $718/yr on $152,490 invested. Return on cash invested is 20.38% in year one, and rental yield stands at 7.4% on a $460,000 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,090 by year five. Five-year ROI measures 105.15% and total cumulative return in cash reaches $160,345. For financing, Ziffy Mortgage’s DSCR program evaluates $2,836/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
9,679 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,913 (64.3%) |
| Renter Occupied HU | 917 (30.8%) |
| Vacant Housing Units | 147 ( 4.9%) |
| Median Home Value | $395,612 |
| Average Home Value | $482,628 |
Residential
2,652
Single Family
2,545
Multi-Family
107
Businesses
167
Date | Event | Price |
|---|---|---|
| 2025-05-09 | Listed for sale | $460,000 |
| 2024-10-15 | Sold | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-13 | $2340.16 | 2.86% | $182,473 | 3.00% |
| 2022-05-13 | $2275.15 | -11.66% | $177,158 | 3.00% |
| 2021-05-13 | $2575.45 | 3.50% | $171,998 | 3.00% |
Listed by: AMBER ARCHIBALD • Made Out West Land Company, Llc
Mls Name: WVMLS
Mls Provider:
Mls ID: #828782
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
