62886 Highway 74IoneOR97843
Nearby investment properties with comparable rents
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
Investment property for sale in Ione at 62886 Highway 74, Ione, OR, 97843 earns from $960/mo rent with a $1,711/mo payment. Total monthly income totals $960/mo. ROI tracks 8% on current figures, and rental yield reads 3.3% at a $349,500 purchase. Equity gained on principal adds $2,255/yr, and 5% annual appreciation supports $96,560 over five years. Five-year ROI reaches 38.76% and total cumulative return in cash sums $44,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in 1952
13.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97843, Ione, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 290 (100%) |
| Owner Occupied HU | 177 (61.0%) |
| Renter Occupied HU | 78 (26.9%) |
| Vacant Housing Units | 35 (12.1%) |
| Median Home Value | $378,125 |
| Average Home Value | $431,610 |
Housing Distribution
Address Breakdown
Residential
129
Single Family
123
Multi-Family
6
Businesses
29
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Nearby investment properties with comparable prices