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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Hermiston at 820 W Tamarack Ave, Hermiston, OR, 97838 listed at $272,500 pairs $1,888/mo rent with a $1,334/mo payment to leave $243/mo cash flow. Total monthly income runs $1,888/mo, and annual cash flow reaches $2,915/yr on $90,334 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 8.31% at a $272,500 basis. Equity gained on principal adds $1,758/yr, and annual property appreciation at 5% supports $75,287 by year five. Five-year ROI tracks 119.94% and total cumulative return in cash totals $108,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,888/mo property income relative to a $1,334/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97838, Hermiston, OR area.
| 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 |
Residential
10,383
Single Family
10,028
Multi-Family
355
Businesses
1,001
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gregorio Ascencio • Stellar Realty Northwest
Mls Name: RMLS (OR)
Mls ID: #287345170
