640 SE 5th StHermistonOR97838
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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 Hermiston at 640 SE 5th St, Hermiston, OR, 97838 listed at $179,999 pairs $1,920/mo rent with a $881/mo payment to leave $834/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $10,002/yr on $59,670 cash to close. Return on cash invested measures 36.67% in year one, and rental yield registers 12.8% at a $179,999 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,730 by year five. Five-year ROI tracks 192.57% and total cumulative return in cash totals $114,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
5,640 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97838, Hermiston, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,533 (100%) |
| Owner Occupied HU | 6,429 (61.0%) |
| Renter Occupied HU | 3,658 (34.7%) |
| Vacant Housing Units | 446 ( 4.2%) |
| Median Home Value | $338,610 |
| Average Home Value | $369,001 |
Housing Distribution
Address Breakdown
Residential
10,383
Single Family
10,028
Multi-Family
355
Businesses
1,001
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