813 Reece AveNyssaOR97913
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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
Rental property for sale in Nyssa at 813 Reece Ave, Nyssa, OR, 97913 priced at $425,000 converts $2,696/mo rent into $131/mo cash flow after a $2,080/mo obligation. Total monthly income equals $2,696/mo, and annual cash flow totals $1,569/yr on $140,888 invested. Return on cash invested prints 21.02% in year one, and rental yield reads 7.61% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 108.61% and total cumulative return in cash sums $153,017. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,696/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97913, Nyssa, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,217 (60.8%) |
| Renter Occupied HU | 616 (30.8%) |
| Vacant Housing Units | 168 ( 8.4%) |
| Median Home Value | $212,847 |
| Average Home Value | $420,345 |
Housing Distribution
Address Breakdown
Residential
1,901
Single Family
1,868
Multi-Family
33
Businesses
151
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