








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Sheridan at 820 W Main St, Sheridan, OR, 97378 listed at $390,000 pairs $2,490/mo rent with a $1,909/mo payment to leave $136/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $1,629/yr on $129,285 cash to close. Return on cash invested measures 21.17% in year one, and rental yield registers 7.66% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 109.39% and total cumulative return in cash totals $141,428. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
3.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97378, Sheridan, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,913 (64.3%) |
| Renter Occupied HU | 917 (30.8%) |
| Vacant Housing Units | 147 ( 4.9%) |
| Median Home Value | $395,612 |
| Average Home Value | $482,628 |
Residential
2,652
Single Family
2,545
Multi-Family
107
Businesses
167
Date | Event | Price |
|---|---|---|
| 2025-03-18 | Listed for sale | $390,000 |
| 2003-08-11 | Sold | $165,000 |
| 2000-09-22 | Sold | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-20 | $1737.00 | 453.26% | $135,442 | 362.10% |
| 2022-03-20 | $313.96 | -14.09% | $29,310 | 3.00% |
| 2021-03-20 | $365.46 | 3.59% | $28,456 | 3.00% |



Listed by: Kimberly Hamblin • Bella Casa Real Estate Group
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #252039185
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-03-20 12:20:44 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.