617 SW Monroe StSheridanOR97378
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Nearby investment properties with comparable prices
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 Sheridan at 617 SW Monroe St, Sheridan, OR, 97378 priced at $435,000 pairs $3,061/mo rent with $435/mo cash flow after a $2,129/mo payment. Total monthly income equals $3,061/mo, and annual cash flow comes to $5,224/yr on $144,203 invested. Return on cash invested is 23.53% in year one, and rental yield stands at 8.44% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 122.09% and total cumulative return in cash reaches $176,052. For financing, Ziffy Mortgage’s DSCR program evaluates $3,061/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,545
Multi-Family
107
Businesses
167
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