62670 Erickson RdBendOR97701
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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 Bend at 62670 Erickson Rd, Bend, OR, 97701 listed at $981,200 pairs $4,388/mo rent with a $4,802/mo payment. Total monthly income runs $4,388/mo. Return on cash invested measures 14.36% in year one, and rental yield registers 5.37% at a $981,200 basis. Equity gained on principal adds $6,332/yr, and annual property appreciation at 5% supports $271,087 by year five. Five-year ROI tracks 72.83% and total cumulative return in cash totals $235,109. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,388/mo property income relative to a $4,802/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
4.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97701, Bend, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,210 (100%) |
| Owner Occupied HU | 10,817 (53.5%) |
| Renter Occupied HU | 8,210 (40.6%) |
| Vacant Housing Units | 1,183 ( 5.9%) |
| Median Home Value | $667,275 |
| Average Home Value | $741,903 |
Housing Distribution
Address Breakdown
Residential
18,882
Single Family
17,042
Multi-Family
1,840
Businesses
1,536
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