712 E Main StHermistonOR97838
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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
Investment property for sale in Hermiston at 712 E Main St, Hermiston, OR, 97838 with 5% annual appreciation on a $153,390 basis while $1,807/mo rent supports operations. Total monthly income totals $1,807/mo and a $751/mo payment preserves $881/mo for cash returns. Annual cash flow comes to $10,571/yr on $50,849 deployed, and return on cash invested reaches 40.7% in year one. Equity gained on principal adds $990/yr, and five-year appreciation sums $42,379 alongside rental yield of 14.14%. Five-year ROI measures 214.12% and total cumulative return in cash totals $108,878.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,807/mo property income versus a $751/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
9,148 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
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