860 Burton StHarrisburgOR97446
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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
Investment property for sale in Harrisburg at 860 Burton St, Harrisburg, OR, 97446 with 5% annual appreciation on a $199,500 basis while $1,951/mo rent supports operations. Total monthly income totals $1,951/mo and a $976/mo payment preserves $747/mo for cash returns. Annual cash flow comes to $8,967/yr on $66,134 deployed, and return on cash invested reaches 33.47% in year one. Equity gained on principal adds $1,287/yr, and five-year appreciation sums $55,118 alongside rental yield of 11.74%. Five-year ROI measures 175.4% and total cumulative return in cash totals $115,999.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,951/mo property income versus a $976/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97446, Harrisburg, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,995 (100%) |
| Owner Occupied HU | 1,465 (73.4%) |
| Renter Occupied HU | 462 (23.2%) |
| Vacant Housing Units | 68 ( 3.4%) |
| Median Home Value | $429,966 |
| Average Home Value | $472,604 |
Housing Distribution
Address Breakdown
Residential
1,763
Single Family
1,761
Multi-Family
2
Businesses
135
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Listed by: MARTI TEMPLETON-BAYS • Triple Oaks Realty
Mls Name: WVMLS
Mls ID: #836701