6145 Bailey RdMount Hood ParkdaleOR97041
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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 Mount Hood Parkdale at 6145 Bailey Rd, Mount Hood Parkdale, OR, 97041 generates $2,460/mo in rent, after a $3,411/mo payment. Total monthly income is $2,460/mo. Return on cash invested sits at 10.92% in year one, and rental yield is 4.24% on a $697,000 entry. Equity gained on principal adds $4,498/yr, while 5% annual appreciation builds toward $192,568 over five years. Five-year ROI reaches 54.41% and total cumulative return in cash sums $124,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
2.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97041, Mount Hood Parkdale, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 690 (50.5%) |
| Renter Occupied HU | 380 (27.8%) |
| Vacant Housing Units | 296 (21.7%) |
| Median Home Value | $723,404 |
| Average Home Value | $858,446 |
Housing Distribution
Address Breakdown
Residential
1,024
Single Family
1,022
Multi-Family
2
Businesses
82
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Listed by: Connie Thomasian • Windermere CRG
Mls Name: RMLS (OR)
Mls ID: #694666282