860 S 8th 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 S 8th St, Harrisburg, OR, 97446 listed at $339,900 pairs $1,314/mo rent with a $1,664/mo payment. Total monthly income runs $1,314/mo. Return on cash invested measures 12.05% in year one, and rental yield registers 4.64% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 60.49% and total cumulative return in cash totals $68,159. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,314/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2005
5,227 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: Isaac Judd • Hearthstone Real Estate
Mls Name: RMLS (OR)
Mls ID: #282033300