885 SW Angus CtHermistonOR97838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hermiston at 885 SW Angus Ct, Hermiston, OR, 97838 priced at $575,000 converts $2,581/mo rent into after a $2,814/mo obligation. Total monthly income equals $2,581/mo. Return on cash invested prints 14.42% in year one, and rental yield reads 5.39% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 73.17% and total cumulative return in cash sums $138,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,581/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.29 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices