Mill St, Sumpter, OR, 97877 | 5.65% Rental Yield

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Mill St, Sumpter, OR, 97877 | 5.65% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sumpter at Mill St, Sumpter, OR, 97877 priced at $255,000 converts $1,200/mo rent into after a $1,248/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 15.09% in year one, and rental yield reads 5.65% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 76.81% and total cumulative return in cash sums $64,928. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $1,248/mo payment, not borrower’s personal income.

Single Family

Built in 1900

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Fantastic opportunity to own a Historical Sumpter Landmark. This business has been closed for some time and is ready for new owners to put their stamp on it. It is being sold as is, with all contents in store, a virtual treasure trove. There is structural floor work to be done to on the main floor and other repairs to bring it back to life. The possibilities are endless, it could be a Micro-Brewery and Restaurant, or just keep it as a Trading Post. Potential historical grants may be available to help with restoration work. The 2 bedroom apartment on the second floor with separate outside entrance could be used to live in or to rent out for extra income. Possible owner carry with 100K down and good verifiable credit. Call today to set up a private showing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97877, Sumpter, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	488 (100%)
Owner Occupied HU	148 (30.3%)
Renter Occupied HU	21 ( 4.3%)
Vacant Housing Units	319 (65.4%)
Median Home Value	$325,000
Average Home Value	$375,405