823 E StBaker CityOR97814
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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 Baker City at 823 E St, Baker City, OR, 97814 generates $1,200/mo in rent, after a $1,897/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 9.27% in year one, and rental yield is 3.72% on a $387,500 entry. Equity gained on principal adds $2,500/yr, while 5% annual appreciation builds toward $107,059 over five years. Five-year ROI reaches 45.56% and total cumulative return in cash sums $58,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97814, Baker City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,071 (100%) |
| Owner Occupied HU | 3,858 (63.5%) |
| Renter Occupied HU | 1,703 (28.1%) |
| Vacant Housing Units | 510 ( 8.4%) |
| Median Home Value | $330,541 |
| Average Home Value | $398,513 |
Housing Distribution
Address Breakdown
Residential
5,545
Single Family
5,278
Multi-Family
267
Businesses
637
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Listed by: Robert Reedy • The Oregon Realty Group
Mls Name: RMLS (OR)
Mls ID: #226736700