639 SE 10th StMadrasOR97741
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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 Madras at 639 SE 10th St, Madras, OR, 97741 offers a 6.86% rental yield on a $379,900 purchase with $2,172/mo rent. 76% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 96.49% and total cumulative return in cash at $121,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,172/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97741, Madras, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,469 (100%) |
| Owner Occupied HU | 3,265 (59.7%) |
| Renter Occupied HU | 1,822 (33.3%) |
| Vacant Housing Units | 382 ( 7.0%) |
| Median Home Value | $373,888 |
| Average Home Value | $420,233 |
Housing Distribution
Address Breakdown
Residential
4,908
Single Family
4,863
Multi-Family
45
Businesses
459
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