690 NE Oregon AveIrrigonOR97844
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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
Rental property for sale in Irrigon at 690 NE Oregon Ave, Irrigon, OR, 97844 priced at $295,800 pairs $2,130/mo rent with $344/mo cash flow after a $1,448/mo payment. Total monthly income equals $2,130/mo, and annual cash flow comes to $4,131/yr on $98,058 invested. Return on cash invested is 24.12% in year one, and rental yield stands at 8.64% on a $295,800 basis. Equity gained on principal adds $1,909/yr, and 5% annual appreciation accumulates to $81,724 by year five. Five-year ROI measures 125.28% and total cumulative return in cash reaches $122,845. For financing, Ziffy Mortgage’s DSCR program evaluates $2,130/mo property income against a $1,448/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97844, Irrigon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 1,053 (74.3%) |
| Renter Occupied HU | 285 (20.1%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $218,457 |
| Average Home Value | $242,642 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,237
Multi-Family
2
Businesses
70
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