914 S Mill StMilton FreewaterOR97862
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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 Milton Freewater at 914 S Mill St, Milton Freewater, OR, 97862 offers a 8.17% rental yield on a $335,000 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,640/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,090/yr on $111,053 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 117.57% and total cumulative return in cash at $130,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97862, Milton Freewater, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,942 (100%) |
| Owner Occupied HU | 2,968 (60.1%) |
| Renter Occupied HU | 1,458 (29.5%) |
| Vacant Housing Units | 516 (10.4%) |
| Median Home Value | $336,717 |
| Average Home Value | $392,433 |
Housing Distribution
Address Breakdown
Residential
4,439
Single Family
4,382
Multi-Family
57
Businesses
376
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Listed by: Valerie Alderson • Seaquist Real Estate
Mls Name: RMLS (OR)
Mls ID: #747194302