931 Waterman Rd, Athena, OR 97813

3 bd · 2 ba · 1,760 sqft · built 1998 · Athena · SINGLE_FAMILY·source listing ↗

$485,000

rent, three ways

OnePercent model (vv1)$2,591/mo

wide honest range — HUD/comp anchors · $1,470–$2,591

HUD Fair Market Rent · 97813 · 3BR$1,470/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Umatilla

Flood risk indexRelatively Moderate FEMA NRI

Median household income$75,700

Median area rent$894/mo

Median home value$241,200

the verdict

0.53%⚠vs 1.0% target

Unverified — model rent disagrees with HUD/comps

financing: 20% down · — (FRED, live) · 30yr

$485,000

0.53% · unverified

Intrinsic value · income approach

$396,995

22% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.