80747 Wagon Wheel Loop, Irrigon, OR, 97844 | $712/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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80747 Wagon Wheel Loop, Irrigon, OR, 97844 | $712/mo Cash Flow | 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 Irrigon at 80747 Wagon Wheel Loop, Irrigon, OR, 97844 uses $77,903 cash to close to unlock $8,541/yr annual cash flow and $712/mo monthly cash flow. Total monthly income runs $2,130/mo, and a $1,150/mo payment keeps the spread at $712/mo. Purchase price stands at $235,000, and rental yield measures 10.88% with $2,130/mo rent. Return on cash invested shows 30.87% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 161.45% and total cumulative return in cash records $125,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,130/mo property income covering a $1,150/mo payment rather than investor’s personal income.

Manufactured

Built in 1980

1.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Great potential- Mfg with tipout and an added room sitting on 1.32 acres, offering privacy, space, and plenty of room to make it your own. There is a large 54x28 (county says its 1800sqft) 3-bay shop perfect for storing all your toys, projects or vehicles along with a detached 2-car garage for more added space. The home is ready for you to add some TLC and personal touches to bring out its full potential. Whether youre looking for a peaceful country setting, room for projects, or the perfect space to customize to your needs, this property has it all. Home is being sold as is, seller will make no repairs.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97844, Irrigon, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,418 (100%)
Owner Occupied HU	1,053 (74.3%)
Renter Occupied HU	285 (20.1%)
Vacant Housing Units	80 ( 5.6%)
Median Home Value	$218,457
Average Home Value	$242,642