The Stoneridge Encore Plan, 121 WestRedmondOR97756
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 Redmond at The Stoneridge Encore Plan, 121 West, Redmond, OR, 97756 priced at $504,990 pairs $2,994/mo rent with after a $2,472/mo payment. Total monthly income equals $2,994/mo. Return on cash invested is 19.67% in year one, and rental yield stands at 7.11% on a $504,990 basis. Equity gained on principal adds $3,259/yr, and 5% annual appreciation accumulates to $139,519 by year five. Five-year ROI measures 101.32% and total cumulative return in cash reaches $168,338. For financing, Ziffy Mortgage’s DSCR program evaluates $2,994/mo property income against a $2,472/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97756, Redmond, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,453 (100%) |
| Owner Occupied HU | 13,066 (63.9%) |
| Renter Occupied HU | 5,679 (27.8%) |
| Vacant Housing Units | 1,708 ( 8.4%) |
| Median Home Value | $600,230 |
| Average Home Value | $644,605 |
Housing Distribution
Address Breakdown
Residential
19,431
Single Family
18,710
Multi-Family
721
Businesses
1,680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
