691 E Madison StBurnsOR97720
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 691 E Madison St, Burns, OR, 97720 in Burns delivers $961/mo in gross rent and $237/mo in net monthly income at a $119,990 entry. The 9.61% yield and 1.78 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $33,151 over five years and $1,105/yr in equity from loan paydown, total projected return is $60,678.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $237 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $961 |
| Total Monthly Debt Service | $677 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97720, Burns, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,311 (100%) |
| Owner Occupied HU | 1,343 (58.1%) |
| Renter Occupied HU | 654 (28.3%) |
| Vacant Housing Units | 314 (13.6%) |
| Median Home Value | $273,125 |
| Average Home Value | $359,356 |
Housing Distribution
Address Breakdown
Residential
1,891
Single Family
1,887
Multi-Family
4
Businesses
265
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
Single Family
Built in 1925
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97720, Burns, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,311 (100%) |
| Owner Occupied HU | 1,343 (58.1%) |
| Renter Occupied HU | 654 (28.3%) |
| Vacant Housing Units | 314 (13.6%) |
| Median Home Value | $273,125 |
| Average Home Value | $359,356 |
Housing Distribution
Address Breakdown
Residential
1,891
Single Family
1,887
Multi-Family
4
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices