741 Periander Way, Harrisburg, OR, 97446 | 4.26% Rental Yield

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741 Periander Way, Harrisburg, OR, 97446 | 4.26% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Harrisburg at 741 Periander Way, Harrisburg, OR, 97446 offers a 4.26% rental yield on a $369,900 purchase with $1,314/mo rent. 92% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Portfolio math shows five-year ROI at 54.46% and total cumulative return in cash at $66,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2025

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Use builder's preferred lender to receive huge closing cost credit and rate buydown. Brand new, luxury townhome in Harrisburg with all the upgrades included! Featuring a 3 bedroom/2.1 bath floor plan with granite counters, stainless appliances, Milgard windows, high ceilings, smart thermostats, laundry room, covered patio, spacious backyard and more. Attached single-car garage, forced air heat & AC. No HOA. ADA options available. Estimated completion September 15, 2025.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97446, Harrisburg, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,995 (100%)
Owner Occupied HU	1,465 (73.4%)
Renter Occupied HU	462 (23.2%)
Vacant Housing Units	68 ( 3.4%)
Median Home Value	$429,966
Average Home Value	$472,604