







No similar price properties found nearby.

A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Rhododendron at 69947 E Highway 26 APT 1, Rhododendron, OR, 97049 offers a 8.18% rental yield on a $209,950 purchase with $1,431/mo rent. Total monthly income registers $1,431/mo, and a $1,028/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $208/yr on $69,598 to close, and return on cash invested stands at 20.21% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,005 over five years. Portfolio math shows five-year ROI at 105.21% and total cumulative return in cash at $73,224. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,431/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1935
N/A lot
$N/A/sqft
$146 monthly HOA
Neighborhood data shown for ZIP Code: 97049, Rhododendron, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,478 (100%) |
| Owner Occupied HU | 687 (46.5%) |
| Renter Occupied HU | 122 ( 8.3%) |
| Vacant Housing Units | 669 (45.3%) |
| Median Home Value | $580,529 |
| Average Home Value | $604,738 |
Residential
722
Single Family
717
Multi-Family
5
Businesses
18
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $209,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar price properties found nearby.



Listed by: Mary Mayther-Slac • Vantage Point Properties Inc
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #466195238
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-04-14 12:17:37 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.