702 B AveLa GrandeOR97850
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
Rental property for sale in La Grande at 702 B Ave, La Grande, OR, 97850 priced at $559,000 pairs $2,394/mo rent with after a $2,736/mo payment. Total monthly income equals $2,394/mo. Return on cash invested is 13.66% in year one, and rental yield stands at 5.14% on a $559,000 basis. Equity gained on principal adds $3,607/yr, and 5% annual appreciation accumulates to $154,441 by year five. Five-year ROI measures 69.12% and total cumulative return in cash reaches $127,119. For financing, Ziffy Mortgage’s DSCR program evaluates $2,394/mo property income against a $2,736/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97850, La Grande, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,723 (100%) |
| Owner Occupied HU | 4,367 (56.5%) |
| Renter Occupied HU | 2,826 (36.6%) |
| Vacant Housing Units | 530 ( 6.9%) |
| Median Home Value | $348,973 |
| Average Home Value | $368,307 |
Housing Distribution
Address Breakdown
Residential
7,493
Single Family
6,703
Multi-Family
790
Businesses
951
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices