Jefferson Premier Plan, Cimmaron TerraceHermistonOR97838
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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
Rental property for sale in Hermiston at Jefferson Premier Plan, Cimmaron Terrace, Hermiston, OR, 97838 priced at $371,900 converts $2,552/mo rent into $307/mo cash flow after a $1,820/mo obligation. Total monthly income equals $2,552/mo, and annual cash flow totals $3,689/yr on $123,285 invested. Return on cash invested prints 22.9% in year one, and rental yield reads 8.23% against a $371,900 entry. Equity gained on principal adds $2,400/yr, while 5% annual appreciation compiles into $102,749 by year five. Five-year ROI reaches 118.69% and total cumulative return in cash sums $146,330. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,552/mo property income covering a $1,820/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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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