660 W Orchard AveHermistonOR97838
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 Hermiston at 660 W Orchard Ave, Hermiston, OR, 97838 at $257,900 posts ROI 26.7% with $484/mo cash flow from $2,040/mo rent. Total monthly income equals $2,040/mo, and annual cash flow records $5,803/yr on $85,494 to close. Return on cash invested measures 26.7% and rental yield reads 9.49% at the current $257,900. Equity gained on principal adds $1,664/yr, and 5% annual appreciation supports $71,253 by year five. Five-year ROI prints 139.05% and total cumulative return in cash totals $118,878.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,040/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices