1008 Mount Pitt AveMedfordOR97501
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1008 Mount Pitt Ave, Medford, OR, 97501 in Medford at $329,500 earns $2,140/mo in rent and nets $151/mo after the $1,482/mo payment, a 7.79% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $91,035 over five years. Ziffy Mortgage underwrites this on a 1.44 DSCR without U.S. credit history. With $3,035/yr in principal paydown, total projected return reaches $134,431.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.5% |
| Monthly Cash Flow | $151 | $450 |
City averages based on Medford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,140 |
| Total Monthly Debt Service | $1,858 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97501, Medford, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,756 (100%) |
| Owner Occupied HU | 10,498 (53.1%) |
| Renter Occupied HU | 8,063 (40.8%) |
| Vacant Housing Units | 1,195 ( 6.0%) |
| Median Home Value | $390,370 |
| Average Home Value | $417,272 |
Housing Distribution
Address Breakdown
Residential
18,140
Single Family
17,280
Multi-Family
860
Businesses
2,541
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
Single Family
Built in 1960
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97501, Medford, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,756 (100%) |
| Owner Occupied HU | 10,498 (53.1%) |
| Renter Occupied HU | 8,063 (40.8%) |
| Vacant Housing Units | 1,195 ( 6.0%) |
| Median Home Value | $390,370 |
| Average Home Value | $417,272 |
Housing Distribution
Address Breakdown
Residential
18,140
Single Family
17,280
Multi-Family
860
Businesses
2,541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices