880 W Quince AveHermistonOR97838
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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 Hermiston at 880 W Quince Ave, Hermiston, OR, 97838 earns $363/mo cash flow from $2,083/mo rent with a $1,395/mo payment. Total monthly income totals $2,083/mo, and annual cash flow totals $4,351/yr on $94,478 capital. ROI tracks 24.51% on current figures, and rental yield reads 8.77% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 127.34% and total cumulative return in cash sums $120,306. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,083/mo property income instead of your personal income.
Single Family
Built in 1973
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97838, Hermiston, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,383
Single Family
10,028
Multi-Family
355
Businesses
1,001
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