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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 617 SW Monroe St, Sheridan, OR, 97378 priced at $449,980 pairs $2,490/mo rent with after a $2,202/mo payment. Total monthly income equals $2,490/mo. Return on cash invested is 18.09% in year one, and rental yield stands at 6.64% on a $449,980 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,321 by year five. Five-year ROI measures 92.91% and total cumulative return in cash reaches $138,600. For financing, Ziffy Mortgage’s DSCR program evaluates $2,490/mo property income against a $2,202/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 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 |
|---|---|---|
| 2025-06-28 | Listed for sale | $449,980 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-01 | $2886.10 | 2.86% | $225,042 | 3.00% |
| 2022-07-01 | $2805.92 | -11.66% | $218,487 | 3.00% |
| 2021-07-01 | $3176.27 | 3.50% | $212,123 | 3.00% |
Listed by: Deirdre Errand • MORE Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #582423053
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-07-01 12:20:05 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
